Currie v Misa

Currie v Misa
CourtHouse of Lords
Full case nameCurrie 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]

  1. ^ Com. Dig. Action on the Case, Assumpsit, B. 1–15.

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