Marquette Law Review Volume 21 Article 1 Issue 4 June 1937 The hiP losophy of Contractual Obligation Robert J. Buer Follow this and additional works at: http://scholarship.law.marquette.edu/mulr Part of the Law Commons Repository Citation Robert J. Buer, The Philosophy of Contractual Obligation, 21 Marq. L. Rev. 157 (1937). Available at: http://scholarship.law.marquette.edu/mulr/vol21/iss4/1 This Article is brought to you for free and open access by the Journals at Marquette Law Scholarly Commons. It has been accepted for inclusion in Marquette Law Review by an authorized administrator of Marquette Law Scholarly Commons. For more information, please contact
[email protected]. MARQUETTE LAW REVIEW VOLUME XXI JUNE, 1937 NUMBER FOUR THE PHILOSOPHY OF CONTRACTUAL OBLIGATION ROBERT J. BUER THE HISTORY OF CONSIDERATION T HE doctrine of consideration has stood for several centuries as a pillar in the law of contracts, an essential to their enforcement. Students of the law have, from the first instance of their contacts with the great body of jurisprudence, regarded consideration as one of the rudimentary principles upon which future knowledge of the refine- ments and technicalities of the law must be based. However, in recent years, chiefly because of the exceptions to and inconsistencies of the fundamental rule that every contract to be enforceable must be sup- ported by a sufficient consideration, liberal students of the law have advocated the alteration or abolishment of the rule.' These advocates of change in the doctrine are not without sound historical authority as a basis for their demands.