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10 cards from this deck
Price paid for a promise, making it enforceable
Both parties must receive benefit & suffer detriment
No, need not be fair in value, only must exist
£1 rent sufficient even if below market value
Yes, must be real, tangible & legally recognized
Past consideration cannot support a new promise
If service requested w/ implied payment, promise enforceable
Existing obligation can't be consideration for new agreement
Performing existing duties not valid consideration
Going beyond existing duties = new consideration
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