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SourceLaw Dictionary Browse Letter F

Failure Of Consideration

Legal definition for Indian law research

Definition

failure of consideration


:the neglect, refusal, or failure of a party to a contract to perform as promised or furnish the consideration promised
;also
: the extinguishment of the consideration or of the worth of the consideration promised




Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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