Why the doctrine of consideration should be abolished?

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1062666

2026-07-25 11:10

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Some argue that the doctrine of consideration, which requires some form of benefit or detriment to each party for a contract to be enforceable, can be too rigid and restricts the ability of parties to freely contract. Abolishing consideration could allow for more flexibility in contract law and adapt to modern business practices. Additionally, it could promote fairness and efficiency in resolving contractual disputes.

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