Consideration in Ghana case law.

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Natural love and affection as consideration

The law however distinguishes “love and affection” as “good” as opposed to “valuable consideration” which precludes a trust from arising at all. Sir William Anson in his well known students text-book Law of Contracts (17th ed.) p. 95 explains that: “The distinction between ‘good’ and ‘valuable’ consideration, or family affection, as opposed to money value, is only to be found in the history of the law of Real Property”.

KWANTRENG v. AMASSAH AND OTHERS [1962] 1 GLR 241 [1962] SLR (SC) 14 · Supreme Court · 1962 · VAN LARE JSC

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More in Contract Law: Breach of contract Debt recovery Duress Execution of documents by illiterate persons Formalities Formation of contract Formation of contracts Frustration Implied contracts Intention to create legal relations Interpretation of contracts Promissory estoppel Remedies for breach of contract Repudiation and termination Sanctity of contract Specific performance Stabilisation clauses Terms of a contract Waiver and forbearance

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