When someone makes a promise to compensate another party for a benefit that has already been received because of a sense of moral obligation, this promise of compensation is referred to as moral ...

Most deeds identify the real estate’s purchase price as “one dollar and other good and valuable consideration” or something similar. However, almost always, the purchase price of property transferred ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Opinions expressed by Entrepreneur contributors are their own. Have you ever considered suing someone for not holding up their end of a bargain? Or were you the one being sued? Whether you’re in ...

Article 1479 of the Civil Code says that "an accepted unilateral promise to buy or sell a determinate thing for a price certain is binding upon the promissor if the promise is supported by a ...