(a) A consideration is essential to a contract which the law will enforce. An executory contract without such consideration is called nudum pactum or a naked promise.

(b) In some cases a consideration is presumed, and an averment to the contrary will not be received.

Georgia Lawyers

Bendall & Mednick. Atlanta Accident Attorneys.
Brandon Hornsby. Atlanta Business Attorney.
Chambers, Aholt & Rickard. Atlanta Malpractice Lawyer.
Cook Youngelson & Wiggins. Atlanta First Amendment Lawyer.
Edmond & Jones. Atlanta Medical Malpractice Lawyer.
Ken Shigley. Atlanta Injury Lawyer.
Murray Law Firm. Atlanta Injury Attorney.
Richard Jones. Atlanta Inadequate Security Lawyer.
Robert N. Katz. Atlanta Auto Accident Attorney.
Sam Levine. Atlanta Personal Injury Lawyer.
Suthers Law Firm. Georgia Nursing Home Abuse Lawyer.

Last modified: May 2, 2006