What Is Agreement Without Consideration

By: sh

There are a few exceptions to the requirement to take into account. In the common law, the old one does not count, but in these cases, no consideration is necessary: if a prescribed promise is revived, if a void obligation is asserted, if a promise is negatively based on a promise (i.e. it is a promise) or if a court simply finds that the lender has a moral obligation to keep the promise. A promise to pay for a previous voluntary service is mandatory and these agreements do not require an exception. Services need to be provided on a voluntary basis. For example, if A B supports, son and B promises to pay the expenses of A. It`s a contract. when he realized that B had a legal obligation to support his grandson. In accordance with this exception, the promise must be to compensate a person who has done something for the promisor, not for a person who has done nothing for the promisor.

Ordinary, past visionA promise after an unseeded, unseeded act of promise; it doesn`t count in return. are not sufficient to support a promise. So far, the courts believe that this is an act that could have been used as a consideration if it had been negotiated at the time, but it has not been the subject of a good deal. For example, at dusk, Ms. Ace`s dog, Fluffy, flees her mistress` apartment. Robert finds Fluffy, sees Mrs. Ace, who is herself looking for her pet, and gives her fluffy. She said: “Oh, thank you for finding my dear dog. Come to my place in the morning and I`ll give you $50 as a reward. The next day, Robert stops at Ms. Ace`s house, but she says, “Well, I don`t know. The carpet was polluted again last night.

I think a $20 reward might be enough. Robert can`t pick up the $50. Although Ms. Ace has a moral obligation to pay for it and keep her promise, there has been no consideration. Robert suffered no legal harm; His contribution – the search for the dog – was paid before their promise, and his previous reflection is not valid to support a contract. There was no negotiated exchange. Timko was a member of the board of directors of a school. He recommended that the school buy a building for a considerable amount of money and encourage administrators to vote for the purchase and promised to help with the purchase and, at the end of five years, pay the purchase price minus the down payment.

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