Rules of Consideration Made Easy | CILEX F3 Law of Contract

⚖️ Does consideration in a contract have to be equal in value? If you're studying CILEX CPQ Foundation Law of Contract, understanding the difference between adequate and sufficient consideration is essential. In this short preview from Astranti Law's CILEX tuition series, we explain the key rules of consideration in English contract law, including why consideration must move from the promisee, why it must be legal and possible, and the crucial distinction between adequacy and sufficiency. Using memorable examples such as Chelsea Football Club being sold for just £1 ⚽ and the famous chocolate wrapper case of Chappell & Co v Nestlé 🍫, we show why consideration does not need to be economically equal in value, provided it has sufficient value in the eyes of the law. This clip will help you revise: 🔹 The rules of consideration 🔹 Adequacy vs sufficiency of consideration 🔹 Consideration moving from the promisee 🔹 Chappell & Co v Nestlé 🔹 Applying consideration rules to CILEX exam scenarios 🎓 Studying for the CILEX Foundation exams? Astranti offers free mock exams to help you test your knowledge and practise exam-style questions. Get access using the link below 👇 https://www.astranti.com/law/cilex/fr... #CILEX #CILEXCPQ #ContractLaw #LawRevision #LawStudents