What is meant by 'practical benefit'?
A) The notion that indirect value can constitute consideration
B) The idea that parties are always better off receiving some payment
C) The knowledge you gain through practice
D) The notion that cash equals consideration

Question

Quizplus · Accepted Answer

The case of Williams v Roffey [1991] 1 QB 1 established the notion that a practical benefit to the promisor can constitute extra consideration for the performance of an existing contractual duty in the absence of duress. Stone par 3.9.8

What Is Meant by 'Practical Benefit