gratuitous and onerous contracts

gratuitous and onerous contracts
gratuitous and onerous contracts
Gratuitous contracts are those of which the object is the benefit of the person with whom it is made, without any profit or advantage received or promised as a consideration for it. It is not, however, the less gratuitous if it proceeds either from gratitude for a benefit before received or from the hope of receiving one thereafter, although such benefit be of a pecuniary nature.
Onerous contracts are those in which something is given or promised as a consideration for the engagement or gift, or some service, interest, or condition is imposed on what is given or promised, although unequal to it in value. A gratuitous contract is sometimes called a contract of beneficence.

Black's law dictionary. . 1990.

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  • gratuitous and onerous contracts — Gratuitous contracts are those of which the object is the benefit of the person with whom it is made, without any profit or advantage received or promised as a consideration for it. It is not, however, the less gratuitous if it proceeds either… …   Black's law dictionary

  • onerous contract — gratuitous and onerous contracts Gratuitous contracts are those of which the object is the benefit of the person with whom it is made, without any profit or advantage received or promised as a consideration for it. It is not, however, the less… …   Black's law dictionary

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