nonconsideration
Nonconsideration is a legal concept that refers to the absence or inadequacy of consideration in a contractual arrangement. Consideration, defined as a promise, act, or forbearance that has some value to the promisor, is a fundamental element required for the formation of most enforceable contracts. When a promise is made without any consideration, or when the consideration an individual offers is deemed insufficient or unintended, the promise is generally regarded as nonconsideration.
In common law, a contract lacking consideration is void or voidable, meaning it cannot be enforced by
Nonconsideration also features in the realm of contractual modification. Many jurisdictions require that modifications to an
Given its central role in contract formation and enforcement, nonconsideration remains a cornerstone doctrine in both