Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond

Exercise 10

You are graduating from Spencer Community College and plan to attend a four-year college to complete a bachelor's degree in physical therapy. Your well-to-do uncle promises to reimburse you for your room, board, and tuition for the remaining two years you will be in college if you, instead, complete a program in optics. Relying on your uncle's promise, you attend college and complete the program in optics.
Questions
1. I f you completed the program in optics, would your uncle be obligated to make payments as he promised to do?
2. I f you had started the program in optics, but then dropped out at the end of the first year at your four-year college, can you legally demand that your uncle pay you for that year's room, board, and tuition?
3. I f you had completed the program in physical therapy as you had originally planned, but your uncle still reimbursed you for room, board, and tuition, could your uncle then change his mind a short time after giving you the money and ask for a return of the money, claiming lack of consideration?