Open AccessThe Formation of Variation Contracts in New Zealand: Consideration and Estoppel
Author(s) -
Marcus Roberts
Publication year - 2016
Publication title -
victoria university of wellington law review
Language(s) - English
Resource type - Journals
eISSN - 1179-3082
pISSN - 1171-042X
DOI - 10.26686/vuwlr.v47i2.4802
Subject(s) - estoppel , variation (astronomy) , appeal , project commissioning , position (finance) , publishing , high court , political science , law and economics , economics , business , law , finance , physics , astrophysics , doctrine
This article will review the current New Zealand approach to the formation of variation contracts. In particular, it will critique the current position taken by the Court of Appeal that either: a practi-cal benefit can be good consideration;, or consideration is not needed for variation agreements. The article will then explore some of the implications of using estoppel as an alternative basis to enforce variation agreements when consideration has not been provided by the promisee.