failure of consideration
A seriously deficient contractual performance that causes a contract’s basis or inducement to cease to exist or to become worthless.
? Scholars disapprove of this term as misleading, since failure of performance is more accurate. Unlike consideration, the phrase failure of consideration relates not to the formation of a contract but to its performance. See CONSIDERATION(1). Cf. WANT OF CONSIDERATION. [Cases: Contracts 83, 260, 309(1). C.J.S. Contracts ¡ì¡ì 133, 466, 520¨C522, 524.]
What is the legal translation of failure of consideration in Chinese?
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