Q: What are the circumstances in which a court will question whether consideration
What are the circumstances in which a court will question whether consideration is adequate?
See AnswerQ: In most circumstances, parties are free to make whatever promises they
In most circumstances, parties are free to make whatever promises they wish, but only those promises made with consideration may be enforced as contracts. What is the purpose of this requirement?
See AnswerQ: The courts generally do not weigh the sufficiency of consideration according to
The courts generally do not weigh the sufficiency of consideration according to the comparative economic value of what is exchanged. Should they? Why or why not?
See AnswerQ: Can a preexisting duty satisfy the requirements of consideration?
Can a preexisting duty satisfy the requirements of consideration?
See AnswerQ: What are some of the exceptions to the preexisting duty rule?
What are some of the exceptions to the preexisting duty rule?
See AnswerQ: Discuss the doctrine of promissory estoppel.
Discuss the doctrine of promissory estoppel.
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