Written Contracts Prima Facie Evidence of Consideration

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All contracts in writing signed by the party to be bound, or the party's authorized agent and attorney, are prima facie evidence of a consideration.

Code 1858, § 1805; Shan., § 3214; Code 1932, § 7829; T.C.A. (orig. ed.), §§ 47-1702, 47-15-103.

Textbooks. Tennessee Jurisprudence, 7 Tenn. Juris., Contracts, § 32.

Law Reviews.

Contracts — Rescission of Release, Effect of Ignorance of Injury, 24 Tenn. L. Rev. 255.

Cited: First Nat'l Bank v. Shook, 100 Tenn. 436, 45 S.W. 338, 1897 Tenn. LEXIS 134 (1898); Joyner v. Johnson, 187 B.R. 598 (E.D. Tenn. 1994); Holt v. Wilmoth, 336 S.W.3d 234, 2010 Tenn. App. LEXIS 302 (Tenn. Ct. App. Apr. 30, 2010); Cumberland Props., LLC v. Ravenwood Club, Inc., — S.W.3d —, 2011 Tenn. App. LEXIS 165 (Tenn. Ct. App. Apr. 5, 2011); In re Estate of Brown, 402 S.W.3d 193, 2013 Tenn. LEXIS 308 (Tenn. Mar. 22, 2013).


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