The element of consideration in forming a valid contract has been subject to great discussion and debate as to its real significance and its role played in the law of contracts.

Evolution of the doctrine of Consideration <Tab/>To gain a better understanding of consideration and its current standing, it is useful to look at its evolution and historical development. Many trace the beginnings of consideration to the sixteenth century, however even as far back as the first and second centuries Roman Law had several procedures in place known as condictiones. These were actions for the recovery of money or property. One …

…An Introduction to the Principles of Roman Civil Law" Juta & Co, Capetown  Prindable, PM. (1996) "Is Offer and Acceptance no Longer Consideration?" Books  Carter, J. and Harland, D. (1998) 3rd Ed. "Contract Law in Australia" Butterworths Sydney"  Lidsay, G. (1992) "Contract 3rd Ed." Law Book Company Ltd. North Ryde NSW  Khoury, D. @ Yamouni, YS. (1998) 5th Ed "Understanding Contract Law" Butterworths  Graw, S. (1998) 3rd Ed "An Introduction to the Law of Contract"