ABSTRACT

Hamson states that ‘Consideration, offer and acceptance are an indivisible trinity, facets of one identical notion which is that of bargain. Indeed consideration may be explained as merely the acceptance viewed from the offeror’s side. Acceptance is defined to be the doing of an act (which may be the giving of a promise or the rendering of a performance) which is requested by the offeror in exchange for his promise; it is the response to an offer. An act done at the request of the offeror in response to his promise is consideration; and consideration in its essence is nothing else but response to such a request’.25