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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 876 |
Essay's paper body
Nominal consideration
A to B: AI convey all my property worth 400,000 to you for $1.00.@ Is this an attempt to disguise a gift as a contract.
6. Promissory estoppel; Restatement '90
A promise which the promisor should reasonably expect to induce action or forbearance on the part of the promisee, and which does induce such action or forbearance, is binding if injustice can be avoided only by its enforcement...
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Promissory estoppel; Restatement '90
A promise which the promisor should reasonably expect to induce action or forbearance on the part of the promisee, and which does induce such action or forbearance, is binding if injustice can be avoided only by its enforcement.
7. Past consideration
A to B: ABecause you have been such a good friend to me in the past, I promise to give you a Lexus next Christmas...
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