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the notion of exchange - consideration must move

Quid pro quo

Consideration must move from the promisee

The privity rule

what is a good consideration?

Consideration must be sufficient but need not be

Forbearance and compromise

Past consideration

The existing duty rules

Duty owed to the other contracting party -

Duty owed to the other contracting party -

Existing duty and third parties

Existing duty under the general law

Payment of a lesser sum