So, if a promisee provides 99 % of the performance sought, the promisor could then revoke without any remedy for the promisee.
22.
So, if a promisee provides 99 % of the performance sought, the promisor could then revoke without any remedy for the promisee.
23.
What if a promisor ( A ) orally agreed to supply grain to a promisee ( B ), but failed to do so?
24.
With classical unilateral contracts, a promisor can revoke his offer for the contract at any point prior to the promisee's complete performance.
25.
Consideration to create a legally enforceable contract entails a bargained for, legal detriment incurred by the promisee OR a legal benefit to the promisor.
26.
A promise subject to a negative potestative condition is exigible only at the death of the promisee, for only then is the condition fulfilled.
27.
A peppercorn does not cease to be good consideration if it is established that the promisee does not like pepper and will throw away the corn.
28.
A " creditor beneficiary " can sue both the promisor and the promisee, but the beneficiary cannot " recover " against both.
29.
This is because the Law Commission felt that if the third party claimed compensation for the breach, the promisee would have no interest in the dispute any more.
30.
Because the promisor can assert any defenses that could be asserted against the promisee, the beneficiary also becomes liable for counterclaims on the contract that the promisor could establish against the promisee.
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