FOLIO Ontology

Failure of Consideration

IRI:
https://folio.openlegalstandard.org/R7lGKuy9aoKEAAMDN48WgBT
Preferred Label N/A
Alternative Labels
Want of Consideration

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.

Class Relationships

Children 0

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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 Hierarchy Visualization

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Additional Information

Metadata

Comment

None

Description

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Notes

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Editorial Information

History Note

None

Editorial Note

None

Identifier

N/A

Deprecated

No

Source and Origin

No source or origin information available