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Unilateral gratuitous obligations

Index Unilateral gratuitous obligations

Unilateral gratuitous obligations are undertaken voluntarily and are also known as unilateral voluntary obligations or gratuitous promises. [1]

7 relations: Charitable organization, Commerce, Consideration in English law, Contract, Deed, England, English law.

Charitable organization

A charitable organization or charity is a non-profit organization (NPO) whose primary objectives are philanthropy and social well-being (e.g. charitable, educational, religious, or other activities serving the public interest or common good).

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Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale.” Commerce includes legal, economic, political, social, cultural and technological systems that operate in any country or internationally.

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Consideration in English law

Consideration is an English common law concept within the law of contract, and is a necessity for simple contracts (but not for special contracts by deed).

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Contract

A contract is a promise or set of promises that are legally enforceable and, if violated, allow the injured party access to legal remedies.

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Deed

A deed (anciently "an evidence") is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed.

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England

England is a country that is part of the United Kingdom.

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English law

English law is the common law legal system of England and Wales, comprising mainly criminal law and civil law, each branch having its own courts and procedures.

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References

[1] https://en.wikipedia.org/wiki/Unilateral_gratuitous_obligations

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