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Naked Contract

From the Latin term nudum pactum, or "bare promise" An agreement between two parties that is without any legal effect because no consideration has been exchanged between the parties. A naked contract is unenforceable.

In ROMAN LAW, a nudum pactum was an informal agreement that was not legally enforceable, because it did not fall within the specific classes of agreements that could support a legal action.A pactum could, however, create an exception to or modification of an existing obligation.

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