Case Summary

Currie v Misa (1876) 1 AC 554

Contract; formation; consideration.

In discussing what amounts to consideration for the purpose of making an agreement legally enforceable, Lush J said (at 162):

"A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken by the other."