CONTRACTS-PROPOSALS FOR LEGISLATION ABROGATING THE REQUIREMENT OF CONSIDERATION IN WHOLE OR IN PART

Consideration is the test evolved by our law for separating enforceable informal promises from those that are unenforceable. The doctrine of consideration has frequently been criticized, but it is so firmly established that most of the recent proposals for change have been addressed to the legislatures. The purpose of this discussion is to consider proposed legislation both as to its possible operation and as to the future effect of the proposals on the basic doctrine of consideration.