This section is from the book "The Law Of Contracts", by William Herbert Page. Also available from Amazon: Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises.
In some states a partial failure of consideration may be used as a partial defense in an action on the contract, even if the consideration is not apportioned and the damages are unliquidated.1 Thus in an action on a single bill given for several fillies, fraud as to their pedigree constituting partial failure of consideration may be set up.2
In other states a partial failure of consideration is not available as a defense to an action on the contract, though it may be the basis of an independent action.3
 
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