Preexisting Duty Rule Why the Preexisting Duty Rule is important to homebuilders? In some cases, Preexisting Duty Rule is a promise to do what one already has a legal duty to do or performance of a duty already owed by contract or law (Angel v. Murray). Law or a previous contract may enforce the preexisting duty rule. For example, a sheriff cannot collect an award for information arising to the capture of a criminal because …showed first 75 words of 810 total…

…showed last 75 words of 810 total…Shawn is receiving $15,000. Both parties are benefiting from the agreement. In conclusion, the preexisting duty law is sometimes a critical role in promoting efficiency and fairness in the exchange of goods, services, and other property. Work Cited Angel v. Murray 113R.I. 482, 322A.2d 630 (1974). 19 May 2000. 18 July. 2002 http://www.unl.edu/workslaw/angel.html CONTRACTS. 27 March 2000. Gleim Publications, Inc and Gleim Internet. 18 July. 2002 <http://www.gleim.com/buslaw/LCE-CH09.html> Ruelas, Ronnie N. Personal interview. 18 July. 2002.