Consideration and promissory estoppel

Quiz Content

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. Which of the following statements are true?

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. Which of the following may be distinguished from the general rule that 'past consideration' is no consideration?

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. Which of the following may constitute sufficient consideration?

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. Which of the following cases supports the view that a 'practical benefit' in the promisor's avoiding of a 'disbenefit' may constitute good consideration?

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. In circumstances where B owes A £1,000, may A sue B for the sum after A accepts a lesser sum from a third party as full satisfaction of the debt?

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. Which of the following are types of estoppel?

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. According to Denning J (obiter) in Central London Property Trust Ltd v High Trees House, why were the claimants unable to recover the full rent for the wartime period?

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. Which of the below statements is true?

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. Is it true to say that detrimental reliance is a requirement of promissory estoppel?

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. May promissory estoppel create a cause of action in England and Wales?

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. In what respect have the courts most weakened the rigour of consideration?

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. Under the current law, which of the following types of agreement is not a contract?

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. Which of the following is a reason against abolishing the consideration requirement in contract formation?

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