
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
النسخة 7الرقم المعياري الدولي: 978-1305633612
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
النسخة 7الرقم المعياري الدولي: 978-1305633612 تمرين 3
Apply the following material to the next two questions.
Some view consideration as a technicality that allows people to make promises and then back out of them. Perhaps all promises should be enforced. In Japan, for example, promises to give gifts are enforceable without consideration.13
In the United States, if I promise to give you a gift merely because I feel like being nice, I can freely change my mind as far as contract law is concerned. A court will not make me follow through because there is no consideration.
In Japan, I would be obligated to buy the gift if all other elements of a contract were present-an offer, an acceptance, and so forth.
Amber Williams and Frederick Ormsby were lovers, embroiled in a turbulent romantic relationship. After knowing each other for a short time, Frederick moved into Amber's house and paid off her $310,000 mortgage. She then gave him title to the house. But their happiness was not to last. The couple canceled their plans to marry and Amber moved out of the house. Two months later, Frederick sought reconciliation. Amber refused to get back together unless Frederick gave her half ownership of the house. Frederick agreed. After the couple split up for the last time, Amber sued for her half of the house. Frederick argued that his promise was not supported by adequate consideration. Was it?
Some view consideration as a technicality that allows people to make promises and then back out of them. Perhaps all promises should be enforced. In Japan, for example, promises to give gifts are enforceable without consideration.13
In the United States, if I promise to give you a gift merely because I feel like being nice, I can freely change my mind as far as contract law is concerned. A court will not make me follow through because there is no consideration.
In Japan, I would be obligated to buy the gift if all other elements of a contract were present-an offer, an acceptance, and so forth.
Amber Williams and Frederick Ormsby were lovers, embroiled in a turbulent romantic relationship. After knowing each other for a short time, Frederick moved into Amber's house and paid off her $310,000 mortgage. She then gave him title to the house. But their happiness was not to last. The couple canceled their plans to marry and Amber moved out of the house. Two months later, Frederick sought reconciliation. Amber refused to get back together unless Frederick gave her half ownership of the house. Frederick agreed. After the couple split up for the last time, Amber sued for her half of the house. Frederick argued that his promise was not supported by adequate consideration. Was it?
التوضيح
The case discusses about the couple Ms. ...
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
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