Questions Produced by 'Cross-Relationship' of Consideration

DOI: https://doi.org/10.62517/jel.202414105

Author(s)

Dongyin Zhao

Affiliation(s)

Department of Law, Beijing Insititute of Technological, Zhuhai, Guangdong,China

Abstract

The contract which has past the limitation is recognized by law, if the debtor give up the effectiveness of the time, it can voluntarily perform with no legal compulsory obligation, that reflects the past consideration concept from Anglo-American Law. However, the debtor can’t revoke its action after the performance which is not protected by the law, we still need to work at it constantly to form the our contract system and consider the application of the consideration system rationally in China.

Keywords

Consideration; Offer; Acceptance; Moral Obligation; Reward Offer

References

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