​KembaraXtra – Legal Terms – Naked Agreement
​A naked agreement is an agreement unsupported by consideration.
Because consideration is generally required to make a simple contract enforceable, a naked agreement usually has no binding legal effect.
The term reflects the idea that the promise stands alone without anything being given or promised in return.
At common law, such agreements are normally unenforceable unless made by deed.
The concept highlights the importance of consideration in contract formation.