3.4 Consideration
Image source: https://businessjargons.com/consideration.html, accessed 18 April 2021.
Image source: https://businessjargons.com/consideration.html, accessed 18 April 2021.
Consideration
Per Ong and Wong (2019):
It is clear, however, that any performance which is over and above the promisee’s existing contractual duty is sufficient consideration for a promise given in exchange (at [04.043]).
Reference:
Ong, B. and Wong, B. (2019). Contract law in Singapore: cases, materials and commentary. Academy Publishing. Singapore: Singapore Academy of Law.
Provide your thought based on slide No. 3, here.