§ 53-3-1 Essentials of consent
§ 53-3-2 Absence of free consent–Contract voidable–Rescission
§ 53-3-3 Mutuality of consent
§ 53-3-4 Ratification of voidable contract for want of consent
§ 53-3-5 Assumption of obligation by acceptance of benefits

Terms Used In South Dakota Codified Laws > Title 53 > Chapter 3 - Consent to Contracts

  • Contract: A legal written agreement that becomes binding when signed.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.