Question: At common law , does a modification of a contract have to be supported by new or additional consideration from the party benefiting from the
At common law , does a modification of a contract have to be supported by new or additional consideration from the party benefiting from the modification ? Why or why or not ? Is the law different under the Uniform Commercial If so , how and why ? Do you think additional consideration should be required from the party benefiting from a modification , if the modification is to be enforceable in court ? Explain your answers with examples where possible . Code?
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MESRA
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