This lesson assumes you are familiar with the requirement of consideration. Specifically, it assumes familiarity with the rule that ordinarily, a promise is legally binding only if that promise is supported by consideration.
The topic of this lesson is one of the exceptions to this general rule. Historically, one situation where consideration was not required to create a binding contract was when the promise was made “under seal.”
via The Seal | Center for Computer-Assisted Legal Instruction.
This update supplements eLangdell Contracts, Uncategorized , page: