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Where a man is under a legal or equitable
obligation to pay, the law implies a promise, though
none was ever actually made. A fortiori, a legal or
equitable duty is a sufficient consideration for an
actual promise. Where a man is under a moral
obligation, which no Court of Law or Equity can
enforce, and promises, the honesty and rectitude of
the thing is a consideration. As if a man promises, to
pay a just debt, the recovery of which is barred by
the Statute of Limitations; or, if a man, after he
comes of age, promises to pay a meritorious debt
contracted during his minority, but not for
necessaries; or if a bankrupt, in affluent
circumstances after his certificate, promises to pay
the whole of his debts; or if a man promises to
perform a secret trust, or a trust void for want of
writing, by the Statute of Frauds.