According to the common view of Emaimah jurists, reciprocal contracts require consideration to transferred to the owner of the goods and vice versa; if not, then there would not be any exchange. On the other hand, some prominent jurists disagreed with the rule, and considered such action, a valid exchange. With regard to the latter view, the question arises whether the third party beneficent may demand performance of the contractual obligation? There are some mentions to this rule in Iranian Civil Code as well as some counterexample for it.
English lawyers have also presented the rule that consideration must move from the promisee, but it need not move to the promisor.
This article seeks to study the mentioned rule in Emamiah Jurisprudence and Iranian and English Law. It tries to prove that firstly, the exchange rule is not the essence of reciprocal contracts and the parties may disregard it and, secondly, the third party beneficent may independently demand performance of the contractual obligation
Chloros, A. G; 1968, The Doctrine of Consideration and the Reform of the Law of Contract, A Comparative Analysis, The International and Comparative Law Quarterly, Vol. 17, No. 1.
Furmston, Michael; 2000, Sale and Supply of Goods, Cavendish Publishing Limited, London, 3rd edition.
Law Commission; 1996, Law Commission Report on Privity of Contract: Contracts for the Benefit of Third Parties, Law Com No. 242.
Nemato'llahi,E. (2016). Analysis of the Rule of Exchange in Emamiah Jurisprudence and Iranian and English Law. Journal of Comparative Law, 3(1), 115-142.
MLA
Nemato'llahi,E. . "Analysis of the Rule of Exchange in Emamiah Jurisprudence and Iranian and English Law", Journal of Comparative Law, 3, 1, 2016, 115-142.
HARVARD
Nemato'llahi E. (2016). 'Analysis of the Rule of Exchange in Emamiah Jurisprudence and Iranian and English Law', Journal of Comparative Law, 3(1), pp. 115-142.
CHICAGO
E. Nemato'llahi, "Analysis of the Rule of Exchange in Emamiah Jurisprudence and Iranian and English Law," Journal of Comparative Law, 3 1 (2016): 115-142,
VANCOUVER
Nemato'llahi E. Analysis of the Rule of Exchange in Emamiah Jurisprudence and Iranian and English Law. Journal of Comparative Law, 2016; 3(1): 115-142.