Consideration Explained is a concise, exam-ready guide to one of the core requirements of a legally binding contract.
 
This Short Read explains the rules governing sufficiency, past consideration, existing duties, part payment of debts, and promissory estoppel. Key cases are distilled into clear principles and supported by visual flowcharts and structured answer frameworks to aid rapid issue-spotting and confident exam application.
 
Ideal for LLB, GDL, SQE, and CAPE law students, this guide delivers clear law in a compact, accessible format.

This Short Note forms part of the Black Letter Law Series—Contract, which comprises of the following:

1. Offer and Acceptance—Contract Formation
2. Consideration
3. Intention To Create Legal Relations
4. Mistake, Misrepresentation, Terms & Exclusion Clauses
5. Breach & Remedies

The Black Letter Law Series also covers other aspects of law, including European Union Law.