A nudum pactum in Latin literally means `Bare or Naked Promise.` In common law, it refers to a promise that is not legally enforceable for want of consideration. An example of a nudum pactum would be an offer to sell something without a corresponding offer of value in exchange. While the offer may bind a person morally, since the offer has not b.....
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http://en.wikipedia.org/wiki/Nudum_pactum
• A bare, naked contract, without any consideration. • A bare, naked contract, without any consideration.
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http://thinkexist.com/dictionary/meaning/nudum_pactum/
Nu'dum pac'tum [ Latin , a nude pact.]
(Law) A bare, naked contract, without any consideration.
Tomlins. Found on
http://www.encyclo.co.uk/webster/N/39
invalid agreement - (legal term for a contract made with insufficient financial or other consideration, so making it non-binding and unenforceable)
Found on
https://www.businessballs.com/glossaries-and-terminology/latin-terms-and-ph
a simple contract or promise involving no legal considerations.
Found on
https://www.infoplease.com/dictionary/nudum-pactum
No exact match found.
