Failure of consideration

Failure of consideration is a technical legal term, which refers to a situation where somebody fails entirely to perform their side of a contract. As a result, the other party may have a claim in unjust enrichment for restitution of the purchase price (or other consideration they have provided) for the bargain.

Cases

This article is issued from Wikipedia - version of the Thursday, December 17, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.