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Legal Definitions - nude contract

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Definition of nude contract

A nude contract, also known as a nudum pactum, is an informal agreement that is not legally enforceable because it lacks consideration. Consideration is something of value that is exchanged between parties in a contract. Without consideration, a contract is considered unenforceable.

In Roman law, a nudum pactum was an agreement that did not fall within the specific classes of agreements that could support a legal action. However, it could create an exception to or modification of an existing obligation.

For example, if John promises to give Jane $100 as a gift, but Jane does not promise anything in return, this would be considered a nude contract because there is no consideration exchanged. If John fails to give Jane the $100, she cannot legally enforce the agreement because it is not a valid contract.

A 'reasonable person' is a legal fiction I'm pretty sure I've never met.

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Simple Definition

A nude contract is an agreement that is not legally enforceable because it does not have something called "consideration." Consideration is like a promise or something of value that each person gives to the other in the agreement. Without it, the agreement is like a bare promise that cannot be enforced in court. However, sometimes a nude contract can change or add to an existing obligation.

The law is a jealous mistress, and requires a long and constant courtship.

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The young man knows the rules, but the old man knows the exceptions.

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