Page 1 of 1
Difference between Rest. 86 and Moral Obligation
Posted: Tue Oct 12, 2010 9:45 pm
by corporatelaw87
Can someone explain?
Re: Difference between Rest. 86 and Moral Obligation
Posted: Wed Oct 13, 2010 8:12 pm
by GeePee
In a lot of ways, they are the same thing. "Moral Obligation" is really just a subset of past consideration agreements that constitute valid K's under section 86(1), in that enforcement prevents an injustice, and the original consideration by the promisee was not a gratuitous "gift."