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LSDefine

Simple English definitions for legal terms

consideration, want of

Read a random definition: congressional intent

A quick definition of consideration, want of:

Term: Consideration, Want of

Definition: Want of consideration means that there was no exchange of something of value between the parties involved in a contract. In simpler terms, it means that one party did not receive anything in return for their promise or agreement. This can make the contract invalid or unenforceable. It is different from failure of consideration, which means that something promised was not delivered or provided as agreed upon.

Examples: If someone promises to sell their car to another person for $5,000 but the buyer never pays the money, there is want of consideration because the seller did not receive anything in exchange for their promise to sell the car. On the other hand, if the buyer pays the money but the seller never delivers the car, there is failure of consideration because the buyer did not receive what was promised.

A more thorough explanation:

Definition: Want of consideration refers to the lack of consideration for a contract. It means that one party did not receive anything of value in exchange for their promise or obligation. This can make the contract unenforceable.

Examples:

  • John promises to give Sarah his car, but Sarah does not promise anything in return. This is want of consideration because Sarah did not give anything of value in exchange for John's promise.
  • Tom promises to pay $500 to Jerry for mowing his lawn, but Jerry never mows the lawn. This is not want of consideration because Tom promised to pay in exchange for the lawn mowing, but Jerry did not fulfill his obligation.

The examples illustrate how want of consideration can make a contract unenforceable. In the first example, Sarah did not give anything in exchange for John's promise, so there was no consideration. Therefore, John cannot enforce the contract and make Sarah give him anything. In the second example, Tom promised to pay in exchange for lawn mowing, but Jerry did not fulfill his obligation. Therefore, Tom can enforce the contract and make Jerry mow the lawn or pay damages.

consideration, failure of | consideratum est per curiam

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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