Law is called the uniform written obligations act

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In Pennsylvania, the law reads “a written release or promise, hereafter made and signed by the person releasing or promising, shall not be invalid or unenforceable for lack of consideration, if the writing also contains an additional express statement, in any form of language, that the signer intends to be legally bound.” This law is called the Uniform Written Obligations Act. Do you think this is a fair and reasonable law? Must be 250 words or more, and if you found any of this information on a website, please let me know.

Reference no: EM132159390

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