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nelida Rubio
on Dec 20, 2024

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Promises to perform prior unenforceable obligations  are enforceable even though they are not supported by consideration.

Prior Unenforceable Obligations

Refers to commitments or agreements that were not legally binding or couldn't be enforced due to certain conditions or deficiencies in their formation.

Consideration

Something of value (such as goods, services, money, or a promise) exchanged between parties in a contract.

  • Familiarize oneself with the idea and constituent elements of consideration involved in contracts.
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CA
Carl Angelo SantosDec 26, 2024
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