Asked by
Melissa Campbell
on Nov 11, 2024Verified
If an agreement is one-sided, and only one of the parties is getting something from the deal, it is called a gratuitous promise and the courts will not enforce it.
Gratuitous Promise
A promise for which no consideration is given; not legally binding unless put in a deed or supported by some form of consideration.
- Recognize the enforceability and exceptions of various forms of contracts and promises, including gratuitous promises and charitable donations.
Verified Answer
DM
Learning Objectives
- Recognize the enforceability and exceptions of various forms of contracts and promises, including gratuitous promises and charitable donations.