20.  Communication  and  Revocation  of  Offer 69

Time  of  Acceptance  of  Offer 70

Posting  Letter— Overt  Act  of  Acceptance 73

Revocation  of  Acceptance 77


21.
22.
23.
24.     Contracts  by  Telegraph— Alterations 80

CHAPTER  II.
CONSIDERATION.
2u.     Introductory ,_^

2it.     Definitions— Act  or  Promise gg

Good  and  Valuable  Consideration. .^r,

27.  Benefit  to  Promisor  or  Detriment  to  Promisee. .  ^0

28.  Moving  from  the  Promisee ^^

29.  Adequacy   of   Consideration ss

Gross  Inadequacy 4^„

In  Equity '/  ' ' ' "  j-'j

30.  Gratuitous  Promises "  '^^

31.  Various  Considerations „'"


TABLK  OF  COXTEXTS.  y[[

SECTION  PAGE

32.  Couslderatiou  and  Motive 92

33.  Moral  Obligation 93

34.  Subscriptions 94

3."i.  Promise  as  a  Consideration — Mutuality 95

Contingent  Contracts ; 98

36.  Forbearance  to  Sue — Compromises 99

Compromises  of  Litigation  Pending 102

Family  Compromises 102

37.  Promise  to  do  the  Impossible  or  the  Unlawful 103

38.  Performance  of  Duty — Payment  of  Part  of  Debt 104

Payment  of  Smaller  Sums  in  Satisfaction  of  Larger.  104
Unliquidated  Damages 107

39.  Composition  With  Creditors TIS

40.  I'erformance  of  Existing  Contract  as  Consideration  for

a  New  Promise . . .' 108

41.  Promise  to  Perform  Existing  Contract  With  Third  Per-

son..  112

42.  Past  Consideration 114

43.  Consideration  Executed  upon  Request 115

44.  Doing  What  the  Promisor  Was  Legally  Bound  to  do ... .   116

45.  Benefit  Conferred  Under  Void  Contract 116

46.  Exceptions  to  the  Rules  of  Consideration 117

Acknowledgment  of  Barred  Debts 118

CHAPTER  III.
FORMAL  CONTRACTS.
47.  Classification 120

48.  Formalism 120

49.  Contracts  of  Record 122

50.  Contracts  Under  Seal 123

How  Made 123

Delivery , 124

51.  Characteristics  of  the  Contract  Under  Seal — Considera-

tion.. 125

CHAPTER  IV.
CONTRACTS  WITHIN  THE   STATUTE   OF   FRAUDS.
