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Editing Contracts/Collateral contract
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=== Intention to induce === | === Intention to induce === | ||
The promisor must have expressly or impliedly requested about the main contract and his promissory statement must have intended to induce the entry of the other party into the main contract. | The promisor must have expressly or impliedly requested about the main contract and his promissory statement must have intended to induce the entry of the other party into the main contract. According to [[Alfred Denning, Baron Denning|Lord Denning MR]], a collateral contract is held binding "when a person gives a promise, or an assurance to another, intending that he should act on it by entering into a contract'.<ref>Evans & Sons Ltd v Andrea Merzario Ltd [1976] 1 WLR 1078.</ref> | ||
=== Consistency === | === Consistency === |