Contracts Act, 1960 (Act 25)
Section 8: (1) A promise to keep an offer open for acceptance for a specified time shall not be invalid as a contract by reason only of the absence of any consideration therefor.
(2) A promise to waive the payment of a debt or part of a debt or the performance of some other contractual or legal obligation shall not be invalid as a contract by reason only of the absence of any consideration therefor
Subject : Consideration for contracts
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6th Floor SSNIT Emporium, Airport City, Accra.
- Email: info@ppa.gov.gh
- Website: https://www.ppa.gov.gh
- GPS: GL-126-5328
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