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The decision in Stilk v Myrick illustrates the rule that merely promising to perform an existing contract is generally not good consideration . With reference

The decision in Stilk v Myrick illustrates the rule that merely promising to perform an existing contract is generally not good consideration. With reference to both Stilks case and Williams v Roffey Bros & Nicholls explain how courts, nowadays, are willing to apply a practical benefit test in determining if there has been sufficient consideration.

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