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Breton Owes Parkerson $750, Which Is Due on June 1

Question 72

Essay

Breton owes Parkerson $750, which is due on June 1. Discuss the sufficiency of consideration if Breton offers Parkerson:
(a) $600 in full settlement on June 1 if the debt is undisputed;
(b) $600 in full settlement on April 10 if the debt is undisputed; and
(c) $500 on June 1 to settle the debt if the amount of the debt is validly disputed.

Correct Answer:

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The sufficiency of consideration is affe...

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