Failure of consideration

{
  "id": "MLC-T-LAW-002030",
  "term": "Failure of consideration",
  "field": "Law",
  "definition": "The non-performance or partial performance of a promise that was exchanged for another promise in a contract, where the promised performance was the inducement for entering the agreement. This occurs when a party does not receive the benefit they bargained for. It can serve as a defense to a breach of contract claim.",
  "url": "https://mlchart.com/terminology/law/failure-of-consideration/"
}