In most circumstances, parties are free to make whatever promises they wish, but only those promises made

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In most circumstances, parties are free to make whatever promises they wish, but only those promises made with consideration will be enforced as contracts. What is the purpose of this requirement?

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Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

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Question Posted: Apr 30, 2012 03:23 AM

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In most circumstances, parties are free to make whatever promises they wish, but only those promises made

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Legal rules exist not for their own sake but to further justice and convenience in the business of ...View the full answer

Business Law Text and Cases

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