This section is from the book "The Law Of Contracts", by William Herbert Page. Also available from Amazon: Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises.
If A makes a promise to B, the fact that the consideration moves from B and X does not render such contract invalid.1 A sale of a partnership by B and X to A, is consideration for A's promise to pay to B such sums as B had advanced for such partnership;2 and B may maintain such action without joining X as plaintiff.3
 
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