Table of Contents:

00:00 - Introduction

00:48 - Quiz / problems… I’m making a change

04:30 - Consideration

05:59 - Learning objectives

07:33 - Past Consideration

08:34 - Past Consideration Rule

10:00 - Roscorla v Thomas

11:53 - Exceptions: Lampleigh v Braithwait

14:21 - Exceptions: Ipex Software Services Pty Ltd v Hosking

16:26 - Existing Legal Duty Rule

16:48 - Let’s start with the rule: Existing Legal Duty

21:00 - Performance of a Public Duty

21:36 - Glasbrook Bros Ltd v Glamorgan County Council (1956) 2 All ER 318

24:23 - Part Payment of a Debt: Rule in Pinnel’s Case

31:39 - Foakes v Beer

36:40 - Promises to third parties - Hirachand Punamchand v Temple [1911] 2 KB 330

40:46 - Atco Controls Pty Ltd (in liq) v Newtronics Pty Ltd

42:36 - Exception: Pao On v Lau You Long

44:23 - Per Scarman LJ:

45:55 - Existing Contract with Promisor – is there fresh consideration?

49:59 - Compromise and forbearance to sue

51:13 - What are the issues?

52:48 - The Practical Benefit Exception

56:38 - Practical Benefit Exception in Australia

1:01:19 - Exceptions to the Rule in Pinnel’s Case

1:01:36 - Exceptions to Existing Legal Duty Rule

Topic 4 Part 1 - Introducing Consideration

Fundamentals of Australian Contract law