want of consideration

want of consideration. The lack of consideration for a contract. See CONSIDERATION(1). Cf. FAILURE OF CONSIDERATION. [Cases: Contracts 54(1), 84; Sales 21. C.J.S. Contracts §§ 87, 134; Sales § 27.]
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译者Wendy,欧洲知名商学院国际金融专业,擅长翻译各种与私募基金相关的法律文件。
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