Examlex
Which of the following factors was not relevant to the decision in Link Lending v. Bustard that Ms Bustard was in actual occupation despite being in hospital for psychiatric treatment?
Legal Benefit
An advantage or gain, especially in a contractual context, that a party receives, which constitutes consideration necessary for a valid contract.
Unilateral Contract
A contract in which only one party makes a promise or undertakes a performance, while the other side only has to perform if they choose to.
Forbearance
An agreement between a debtor and lender to temporarily postpone repayment of a loan, often to avoid default.
Illusory Promise
signifies a statement that appears to be a promise but does not actually bind the party making it to a particular action or outcome, thus lacking the substance necessary for a valid contract.
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