3 ms·
It is bonkers unless theres something not being explained. https://en.m.wikipedia.org/wiki/Consideration_under_American_law https://en.m.wikipedia.org/wiki/Con
by vikramkr 7y ago
It is bonkers unless theres something not being explained.
https://en.m.wikipedia.org/wiki/Consideration_under_American_law https://en.m.wikipedia.org/wiki/Consideration_under_American...
An illusory promise does not count as consideration, and the courts would probably force the investor to pay up the money or, if there were no promises made, the co tract could be overturned on grounds of lack of consideration.