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Is it true that in Contract Act, considersation need not to move to other but for Malaysian Law it does.. Any relevant case ?

2006-11-14 14:54:30 · 2 answers · asked by Midnite Fantasy 2 in Politics & Government Law & Ethics

2 answers

In Malaysian Law, it is possible by referring to Section 2 (d) of Contract Act; "when at the desire of the promisor, the promisee or any other person..." and based on case Venkata Chinnaya v. Verikatara Maya, whereas in English Law, consideration need not to move to somebody else other than the promisee.

2006-11-15 03:46:04 · answer #1 · answered by yusdz 6 · 0 0

Consideration in the law of contract is any amount of money or object in exchange for a service or another object to which the parties agreed.

2006-11-14 14:57:20 · answer #2 · answered by FRAGINAL, JTM 7 · 0 0

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