Is a contract that lacks consideration enforceable under Texas law?

Prepare for the Texas Contract Law Exam. Study with engaging multiple choice questions, each with explanations. Get ready to excel in your Texas Contract Law Exam!

A contract generally requires consideration to be enforceable under Texas law. Consideration refers to something of value exchanged between the parties involved, which creates a binding agreement. Without consideration, a contract lacks the necessary legal foundation recognized by the courts, rendering it unenforceable.

The principle of consideration is rooted in the idea that contracts are promises that should have mutual exchange; if one party does not give something of value in return for the other's promise, the contract does not form a legal obligation. Thus, a lack of consideration typically leads to a finding that the contract is unenforceable.

Other options suggest scenarios where a contract might be enforceable without consideration, but they do not align with the fundamental contract law principle that requires consideration as a key component of a valid and enforceable contract. This reinforces the understanding that, under Texas law, failing to fulfill the consideration requirement means the contract cannot be upheld.

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