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  • Essay / Consideration in English Contract Law - 838

    In this principle, consideration does not need to be adequate, just sufficient (Open University, 2016). The courts therefore do not rule on parties claiming to have concluded a bad deal. For example, in the case of Thomas v Thomas (1842) 2 QB 851, Mr Thomas wanted his wife Eleanor to have their house and its contents worth £100 after her death. However, he had expressed his wishes orally and had not put a clause in his will. The executors of the house made an agreement with the wife that Eleanor would stay in the house but in return she would have to maintain the house and pay £1 a year towards ground rent. After one of the executors of the house died, the other executor refused to finalize the transfer. The courts found that the agreement between the executor and Mrs. Thomas to pay 1 year's rent was sufficient in consideration (Thomas v Thomas,