A refugee camp holding thousands of displaced Darfurians/Sudanese in the aftermath of war in the western part of Sudan. A long history of civil war, local tensions, government distrust, and new environmental pressures have scarred the country and brought about the world's worst humanitarian crisis..
In order for a contract to be enforceable, each party to the contract must change his or her legal position in some way. If an agreement lacks consideration, it is generally not a binding and enforceable contract. There are a few exceptions to this rule. A person sued for breaking a promise generally will not be held liable when no consideration was received for the promise.
Explaining Contract for Differences. A contract for differences is an agreement to exchange the difference in value of a financial product between the time the contract opens and closes.n arrangement made in a futures contract whereby differences in settlement are made through cash payments, rather than the delivery of physical goods or securities.