Variation of Contractual Rights in Contract (NG)
N.B. This article is particular to Nigeria. Variation of Contractual Rights As a general rule, where a party under a contract performs or promise to perform less than his obligation in full discharge of the contract with the consent of the promisor (the other party), this does not discharge the promisee from the contract and the promisor […]
Consideration in contract: Performance of an Existing Duty
N.B. This article is particular to Nigeria. Performance of an Existing Duty as Consideration in Contract Whether or not performance of an existing duty will constitute good consideration may largely depend on the nature of that duty. There are 3 basic types: 1. Duty Imposed by Law Generally, a party cannot enforce a promise made to him […]