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bargain theory of consideration

Consideration is a performance or return promise that is bargained for: sought by the promisor in exchange for his promise and given by the promisee in exchange for it (R.2d § 71). Benefit to the promisor is not required (Hamer); a condition of a gift is not consideration (Kirksey).

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teoría del intercambio (bargain) de la consideration

La consideration es una ejecución o promesa recíproca negociada: buscada por el promitente a cambio de su promesa y dada por el promisario a cambio de ella (R.2d § 71). No se requiere beneficio para el promitente (Hamer); la condición de un regalo no es consideration (Kirksey). México no exige nada parecido: consentimiento y objeto bastan (CCF art. 1794).

ExamplesEjemplos

  • Abstaining from drink for $5,000 was bargained for; moving to collect a free house was not. Abstenerse de beber por $5,000 fue negociado; mudarse para recibir una casa gratis no.

RelatedRelacionados: consideration, forbearance as consideration, gratuitous promise (nudum pactum)

Cases: Hamer v. Sidway, Kirksey v. Kirksey

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