Executory consideration

From Lawiki - The law notes repository
Jump to navigation Jump to search
Lawiki for and by law students - find us on Facebook if you want to help us edit this Law Wiki.

Not professional advice - LAWIKI cannot guarantee the validity of any information

Consideration (see: Consideration) in a contract which has not been completed, but which needs to be. For example, if A offers B £10,000 to build A a house, B's consideration is executory until he has finished the work (see: Executed consideration).

Contract Law