The “proverbial peppercorn”

November 27, 2012

  • 95I Requisites and Validity
  • 95I(D) Consideration
  • 95k54 Sufficiency in General
  • 95k54(1) k. In general.

95 CONTRACTSAll the law requires for sufficient consideration for a contract is the proverbial peppercorn.
San Diego City Firefighters, Local 145, AFL-CIO v. Bd. of Admin. of San Diego City Employees’ Ret. Sys., 141 Cal. Rptr. 3d 860 (Ct. App. 2012)
Suggested by Bess Hambleton, Thomson Reuters Westlaw Reference Attorney