Osborne v. Locke Steel Chain Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• defining consideration as “a benefit to the party promising, or a loss or detriment to the party to whom the promise is made”
• “director of a corporation has the burden of showing that any personal dealing with the corporation is fair, in good faith and for adequate consideration”
• \An exchange of promises is sufficient consideration to support a contract.\
• \An exchange of promises is sufficient consideration to support a contract.\
• \An exchange of promises is sufficient consideration to support a contract\

Source: CourtListener parenthetical corpus (CC0).