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Can I read Ex Nudo Pacta: No Action Without Consideration on EtoBox?

Ex Nudo Pacta: No Action Without Consideration by Vikash Kumar Singh is a document available to read on EtoBox.

What is Ex Nudo Pacta: No Action Without Consideration about?

Ex nudo pacto non oritur action is a Latin phrase meaning that a legal claim cannot arise from a contract without consideration. Consideration refers to an act, abstinence from an act, or a promise to act or not act, that is desired by the promisor in exchange for their promise. According to this legal principle, a right of action does not arise from a "naked" or bare agreement without legal consideration.

Author
Vikash Kumar Singh
Language
EN

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