Opening book details…
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