Please clarify what PAST CONSIDERATION means in simple language?

Question

Please can you give examples of cases.

Answer 1

On the basis of his CV, I would have _considered_ Mr Smith as a candidate for the job.
However the cut off date for applications was last friday.
this candidtae is _past consideration_


ie, at some point previousy, I would have considered X
but now it is too late. X is _past consideration_

Answer 2

Past Consideration

Answer 3

In law, consideration is the value you give or provide to get something in return. For example, when you buy a house, the consideration is the purchase price. When you give your wife your house, the consideration is love and affection. "Past consideration" means it has already been given. For example, after you've purchased land from your neighbor, you may need an easement or well rights, etc. The consideration would have been the purchase price of the land, but that is "past consideration" and not new.

Answer 4

In accountancy terms it would mean cash which has been spent on something already and which is effectively dead money eg if you were evaluating whether a project is worth doing and you had had to spend £10k assessing whether it was worth researching whether the project was worth doing n the first place then you should not count this as part of the actual project cost as it had already been spent whether or not the project goes ahead - ie it is past consideration. Is this the kind of reply you were expecting?

Answer 5

"Something that is legally regarded as the equivalent or return given or suffered by one for the act or promise of another, usually by judgment of the court." For example: In March of 2004, the judge ruled in favor of the plaintiff and a restitution of $500 was ordered to be paid by the defendant to the plaintiff because the plaintiff's car was damaged by the defendant during a car accident.

Answer 6

"Consideration," takes up whole sections of courses in contract law. "Consideration" is necessary for the enforceability of a contract. Simplified, it means that a contracting party gives up something of value or some right either presently or in the future. Ex. I "promise" to give you half of my candy bar. Then I renege & refuse to do so. Can you sue me for the 1/2 candy bar or 1/2 its value? No. Because you gave up nothing in "consideration" for my promise. However, if you say, "I'll give you a nickel if you give me half your candy bar & I agree to do so; & you give me the nickel & I refuse; you can "sue" me to enforce my "promise. " The moment you gave up your nickel my promise became a contractual obligation.

Moreover, even if you simply promised to give me your nickel after I gave you half my candy bar, there would still be a "contract," because your promise to give up your right to keep that nickel in the future is sufficient "consideration." That is sometimes improperly called "future consideration," because the payment is in the future, but the actual consideration is your PROMISE to pay the nickel, which promise is made in the present.

Now, suppose, out of generosity you gave me half your candy bar yesterday -- & asked for nothing in return. We had no agreement to share candy bars in the future. And today I tell you I'm gonna buy a candy bar & promise I will give you half of it, but then I gobble up the whole thing. Can you enforce my promise to give you half in consideration of your prior generous gift? No. The candy bar you gave me is termed "past consideration." In fact it is really not consideration for any promise I made. Thus, the axiom of contract law: "Past consideration, is NO consideration."

Answer 7

1::::::that something previous to now was given thought to, taking into account what the outcome may be or what effect it may have
2:::::: it could also mean you have gone past the stage of caring

Answer 8

It's too late

Answer 9

No longer cares for.