Nudum Pactum - Law Dictionary Search Results
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nudum pactum [Medieval Latin, naked pact] : an agreement or promise that is made without consideration and hence unenforceable [a mere nudum pactum] compare gratuitous promise at promise ...
Nudum pactum
Nudum pactum (a naked agreement), an agreement made without any consideration, upon which therefore, unless it be made by deed, no action will lie....
Nudum pactum est ubi nulla subest causa pr'ter conventionem; sed ubi subest causa, fit obligatio, et parit actionem
Nudum pactum est ubi nulla subest causa pr'ter conventionem; sed ubi subest causa, fit obligatio, et parit actionem. Plow. 309, (A naked contract is where there is no foundation for it except the agreement; but where there is a ground, it becomes an obligation, and gives a right of action.) Similarly, Nuda pactio obligationem non parit. Dig. 2, 14, 7, s. 4, (A naked promise does not be get an obligation); and ex nudo pacto non oritur actio. Noy's Max. 24, (An action does not arise from a bare promise.)-See CONSIDERATION; and Vanbergen v. St. Edmund's Properties Ltd., (1933) 2 KB 223....
promise
promise : a declaration or manifestation esp. in a contract of an intention to act or refrain from acting in a specified way that gives the party to whom it is made a right to expect its fulfillment aleatory promise : a promise (as to compensate an insured individual for future loss) whose fulfillment is dependent on a fortuitous or uncertain event collateral promise : a promise usually to pay the debt of another that is ancillary to an original promise, is not made for the benefit of the party making it, and must be in writing to be enforceable false promise : a promise that is made with no intention of carrying it out and esp. with intent to deceive or defraud gratuitous promise : a promise that is made without consideration and is usually unenforceable called also naked promise compare nudum pactum NOTE: A gratuitous promise may be enforceable under promissory estoppel. illusory promise : a purported promise that does not actually bind the party making it to a particular p...
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