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A comment on An 'Investor' Destroyed My Startup. Parent comment
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.
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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.