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2018 Georgia Code 13-3-47 | Car Wreck Lawyer

TITLE 13 CONTRACTS

Section 3. Elements and Formation Generally, 13-3-1 through 13-3-47.

ARTICLE 3 CONSIDERATION

13-3-47. Effect of impossible and possible but improbable consideration.

An impossible consideration is insufficient to sustain any promise; however, if the consideration is possible but improbable, it is sufficient to sustain the promise.

(Orig. Code 1863, § 2710; Code 1868, § 2704; Code 1873, § 2746; Code 1882, § 2746; Civil Code 1895, § 3663; Civil Code 1910, § 4248; Code 1933, § 20-309.)

JUDICIAL DECISIONS

If impossibility of performance results from act of law, nonperformance of contract excused. Macon & B.R.R. v. Gibson, 85 Ga. 1, 11 S.E. 442, 21 Am. St. R. 135 (1890).

Cited in LaGrange Lumber & Supply Co. v. Farmers & Traders Bank, 37 Ga. App. 409, 140 S.E. 766 (1927); Golden v. National Life & Accident Ins. Co., 189 Ga. 79, 5 S.E.2d 198 (1939); Norris v. Johnson, 209 Ga. 293, 71 S.E.2d 540 (1952).

RESEARCH REFERENCES

Am. Jur. 2d.

- 17 Am. Jur. 2d, Contracts, §§ 104, 106, 418, 424, 425.

C.J.S.

- 17 C.J.S., Contracts, § 129.

ALR.

- Promise of additional compensation for completing building or construction contract, 138 A.L.R. 136.

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