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mere forbearance [1 record]

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Record 1 2015-06-16

English

Subject field(s)
  • Law of Contracts (common law)
CONT

A bank to which L22,000 is owed is virtually certain to take steps to enforce its claim, but a dissatisfied purchaser of land is much less certain to take proceedings for rescission. It may, therefore, be quite reasonable to say that mere forbearance will amount to consideration in relation to the former type of claim, but that a promise to forbear is necessary where it is problematical whether the claim will ever be enforced at all. A promise to forbear is also, of course, necessary where that is what the debtor bargains for.

French

Domaine(s)
  • Droit des contrats (common law)

Spanish

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