■■■■■ contract,

Definition of ■■■■■ contract:

1. Agreement without a consideration, hence just a promise. ■■■■■ agreements (unless made by a deed) are not binding in law, and are called nudum pactum (Latin for, ■■■■■ contract) governed by the legal maxim ex nudo pacto non oritur actio (a right of action does not arise from a ■■■■■ contract). Also called ■■■■■ agreement, bare agreement, bare contract.