Examlex
Suppose a dangerous workplace is made safer through the installation of guards and other equipment that reduce the physical hazards of the work environment. If we observe no reduction in injuries, we might conclude that
Past Consideration
Consideration given or action performed prior to the current agreement, which is generally not valid as consideration for a current contract.
Reciprocal Treatment
An approach where actions or attitudes are mutually exchanged or reflected between parties.
Law of Equity
A body of law that provides remedies and relief in situations where strict legal rules would be unfairly rigid, focusing on fairness and justice.
Gratuitous Promise
A vow or commitment to do something for someone else without expecting anything in return.
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