Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

preexisting-duty rule

Read a random definition: financial report

A quick definition of preexisting-duty rule:

The preexisting-duty rule is a legal principle that says if someone promises to do something they are already obligated to do, or promises not to do something they are already obligated not to do, then that promise is not considered valid. This means that the promise cannot be used as a basis for a contract because it does not provide any new benefit or consideration. For example, if a builder agrees to build a house for a certain price but then demands more money halfway through the project, the owner cannot be forced to pay the extra amount because the builder was already obligated to complete the work for the original price.

A more thorough explanation:

The preexisting-duty rule is a legal principle that applies to contracts. It states that if a party is already legally obligated to do something or refrain from doing something, then doing or refraining from that action cannot be considered as consideration for a new promise.

For example, if a builder agrees to construct a building for a specified price but later demands more money to complete the job, the owner's promise to pay the additional amount is not enforceable because the builder is already legally obligated to complete the construction for the agreed-upon price. The builder is not providing any new consideration for the owner's promise.

The preexisting-duty rule ensures that parties cannot use threats or coercion to extract additional benefits from a contract that they are already obligated to fulfill. It promotes fairness and prevents parties from taking advantage of each other.

preexisting duty | prefect

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
LSD+ is ad-free, with DMs, discounts, case briefs & more.