Failure of Consideration

Failure of Consideration - Failure of Consideration is a legal defense that asserts that one party did not receive the agreed-upon consideration or value in exchange for their performance or promise, which renders the contract or agreement unenforceable.

Class Information

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Identification

Label (rdfs)
Failure of Consideration
Preferred Label
None
Alternative Labels
Want of Consideration
Identifier
N/A

Definition and Examples

Definition
Failure of Consideration is a legal defense that asserts that one party did not receive the agreed-upon consideration or value in exchange for their performance or promise, which renders the contract or agreement unenforceable.
Examples
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Translations

fr-fr
Défaut de contrepartie
en-gb
Failure of Consideration
pt-br
Falha de contraprestação
es-es
Falta de contraprestación
es-mx
Falta de contraprestación
de-de
Mangelnde Gegenleistung
he-il
כשל בתמורה
hi-in
विचार की असफलता
ja-jp
対価不履行
zh-cn
未履行对价

Class Relationships

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Is Defined By
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See Also
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Additional Information

Comment
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Description
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Notes
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Deprecated
False

Metadata

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