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KembaraXtra – Legal Terms – Nudum Pactum
Nudum pactum, meaning “naked agreement,” refers to an agreement unsupported by consideration.
At common law, a promise without consideration is generally unenforceable unless made in a valid deed.
The principle forms part of the law of contract and emphasizes that legally binding agreements normally require something of value to be exchanged between the parties.
Nudum pactum, meaning “naked agreement,” refers to an agreement unsupported by consideration.
At common law, a promise without consideration is generally unenforceable unless made in a valid deed.
The principle forms part of the law of contract and emphasizes that legally binding agreements normally require something of value to be exchanged between the parties.
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