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When is a promise made a gratuitous promise?


Asked by Landry Knapp on Dec 10, 2021 FAQ



Douglas Wilhelm Harder When a party makes a promise to another, either within or outside the context of a contract, where that promise places an obligation on the party but where that party does not receive anything in return (no consideration), then the promise is said to be gratuitous.
In addition,
When a party makes a promise to another, either within or outside the context of a contract, where that promise places an obligation on the party but where that party does not receive anything in return (no consideration), then the promise is said to be gratuitous. From the Oxford English Dictionary (www.oed.com), that which is gratuitous is
Besides, Gratuitous Promise meaning or descrpition: a promise made by someone who does not receive consideration for it (Source of this concept of Gratuitous Promise: emp.ca/books/468-7 and emp.ca/books/385-7) This is an advance summary of a forthcoming entry in the Encyclopedia of Law. Please check back later for the full entry.
Moreover,
Reliance on a gratuitous promise made without required formalities is not reasonable. This comment will examine the origins of detrimental reliance and some of the implications of the principle's insertion into the theory of cause. Secondly, the impact new article 1967 will have on the Louisiana jur-
One may also ask,
gratuitous promise. The gratuitous promise, or unilateral obligation, is a feature unique to Scots law. It arises from the lack of a compensation requirement for Scottish contracts. Basically, a gratuitous promise is a one-sided contract, where one of the two parties (the promisor) gets nothing from the other party (the beneficiary).