The topic of this podcast by Professor Jennifer S. Martin is when contract modifications are not enforceable due to the pre-existing duty rule. Consideration is required to support enforcement of an agreement, including a modification to an agreement. In this podcast, we will look at when the pre-existing duty rule renders modifications unenforceable and when […]
Entries Tagged as 'new consideration'
Modifications and the Pre-existing Duty Rule: Discussions in Contracts
December 7th, 2020 · Comments Off on Modifications and the Pre-existing Duty Rule: Discussions in Contracts · Contracts, Lawdibles Audio
Tags:2-209·consideration·duty·fair and equitable·modification·modifications·modified·new consideration·pre-existing·pre-existing duty·unforeseen circumstances