Contract Modification
Service contracts and, in the United States, other contracts not governed by the Uniform Commercial Code, generally require consideration to modify a contract (because of what is called the preexisting duty rule).
Read more about this topic: Consideration Under American Law
Famous quotes containing the word contract:
“The way in which men cling to old institutions after the life has departed out of them, and out of themselves, reminds me of those monkeys which cling by their tails—aye, whose tails contract about the limbs, even the dead limbs, of the forest, and they hang suspended beyond the hunter’s reach long after they are dead. It is of no use to argue with such men. They have not an apprehensive intellect, but merely, as it were a prehensile tail.”
—Henry David Thoreau (1817–1862)