28-2-802. Extent to which existing legal or moral obligation is good consideration.
61 words·~1 min read·
/mt/title-28/chapter-2/part-8/28-2-802·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
28-2-802 . Extent to which existing legal or moral obligation is good consideration. An existing legal obligation resting upon the promisor, a moral obligation originating in some benefit conferred upon the promisor, or prejudice suffered by the promisee is also a good consideration for a promise to an extent corresponding with the extent of the obligation, but no further or otherwise.