An uncle, in writing, promised his nephew $5,000 if his nephew would refrain from drinking, using tobacco, swearing, and playing cards or billiards for money until the age of twenty-one, all of which was otherwise legal for the nephew to do at the time.The nephew performed as requested.Which of the following statements is true?

Question

Quizplus · Accepted Answer

There is a valid contract as the uncle promised to give $5,000 in exchange for the nephew's abstinence from certain activities until he turns twenty-one. The nephew fulfilled the promise, thus consideration was provided. The fact that the abstention benefitted the nephew is irrelevant as long as there was a promise made and consideration was provided.

An Uncle, in Writing, Promised His Nephew $5,000 If His