Hartman, who has worked for Aratize Inc.for 25 years, is retiring.Upon hearing the news of his retirement, the president of Aratize announces a bonus of $250, 000 to Hartman for his exceptional services toward Aratize thus far.But upon retiring, Hartman isn't paid the bonus.Hartman decides to sue the president and Aratize to recover the promised bonus.Which of the following is true of this case?

Question

Quizplus · Accepted Answer

The bonus promise was made after Hartman had already provided 25 years of services to Aratize Inc. Therefore, there was no new consideration provided by Hartman in exchange for the promise of the bonus. This lack of new consideration makes the promise unenforceable due to past consideration.

Hartman, Who Has Worked for Aratize Inc