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Consideration

not void for other reasons, Story on Contracts, 71. (d) Considerations moving from third persons. It is a general rule that in cases of simple contract, if one party make a promise to another for the benefit … to be valued, Marren (Inspector of Taxes) v. Marriage, (1980) 3 All ER 95. May be a customs agent or forwarding agent who is insolvent or in liquidation. Or a consignee may be a bank, the directors