Past Consideration | UpCounsel 2023
www.upcounsel.com/past-consideration
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The current view is that a promise can be enforced if there is a material benefit involved and that the promise of the benefit occurred after consideration.
Past consideration generally does not count as consideration in a contract. For a contract to be valid, consideration must be included at the time the contract was made.
In terms of a contract, past consideration is used to mean a promise or an act that was made or performed prior to a contract.
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