University of Michigan Law School
Consideration indicates the fact that all parties to a contract have exchanged something of value. Some common law systems, including Australia, are moving away from the idea of consideration as a requirement. The idea of estoppel or culpa in contrahendo, can be used to create obligations during pre-contractual negotiations.
- See original text in Perseus program Archived 8 October 2008 at the Wayback Machine.
- All legal systems deal with the same basic issues, but jurisdictions categorise and identify their legal topics in different ways.
- Evidence law involves which materials are admissible in courts for a case to be built.
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