13-3-40. Necessity for consideration; presumption of consideration.
43 words·~1 min read·
/ga/title-13-contracts/article-3-consideration/13-3-40·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A consideration is essential to a contract which the law will enforce. An executory contract without such consideration is called nudum pactum or a naked promise.
In some cases a consideration is presumed, and an averment to the contrary will not be received.