A contract is binding if the consideration involved is a commitment not to do something, as opposed to a promise to do something.

Name: A contract is binding if the consideration involved is a commitment not to do something, as opposed to a promise to do something.
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Consideration in a contract can be a promise to do something or a promise not to do something (forbearance). Both forms are legally valid as consideration for forming a binding contract.

A Contract Is Binding If the Consideration Involved Is a Commitment