North Dakota Statutes
§ 9-05-01 — Good consideration defined
Any benefit conferred or agreed to be conferred upon the promisor by any other person to
which the promisor is not entitled lawfully, or any prejudice suffered or agreed to be suffered by
such person, other than such as that person, at the time of consent, is lawfully bound to suffer
as an inducement to the promisor, is a good consideration for a promise.
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Nearby Sections
15
§ 9-01-01
Definitions§ 9-01-02
Requisites of contract§ 9-01-04
Joint and several contracts§ 9-01-06
Obligations classified§ 9-01-07
Joint obligation - Presumption§ 9-01-08
Joint obligation - Contribution§ 9-01-09
Conditional obligation defined§ 9-01-11
Condition precedent defined§ 9-01-12
Conditions concurrent defined§ 9-01-13
Condition subsequent defined§ 9-01-14
Conditions unlawful or impossible§ 9-01-15
Forfeiture - Interpretation