| Currie v Misa | |
|---|---|
.svg) | |
| Court | House of Lords |
| Full case name | Currie v. Misa (or Misa v. Currie) |
| Citation | (1875-76) LR 1 App Cas 554 |
| Case history | |
| Prior action | (1875) LR 10 Ex 153 |
| Case opinions | |
| Lush J | |
| Keywords | |
| Consideration, Good faith, negotiable instruments | |
Currie v Misa (1875) LR 10 Ex 153; (1875–76) LR 1 App Cas 554, is an English contract law case, which in the Exchequer Chamber contains a famous statement by Lush J giving the definition of consideration in English law. Lush J said,
A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility, given, suffered, or undertaken by the other...[1]
- ^ Com. Dig. Action on the Case, Assumpsit, B. 1–15.