Fact Pattern 12-A1
Dave's Hobby Town and Eva's Yarn Shoppe are adjacent stores with adjoining parking lots. Dave offers Eva a discount on purchases from Dave's store if Eva will not tow the cars of Dave's customers who park in Eva's lot.
-Refer to Fact Pattern 12-A1. Dave's discount is legally sufficient consid?eration
A) because it is a promise of something of value.
B) only if Dave adds a cash rebate.
C) only if Eva uses it.
D) under no circumstances.

Question

Fact Pattern 12-A1 
Dave's Hobby Town and Eva's Yarn Shoppe are adjacent stores with adjoining parking lots. Dave offers Eva a discount on purchases from Dave's store if Eva will not tow the cars of Dave's customers who park in Eva's lot.
-Refer to Fact Pattern 12-A1. Dave's discount is legally sufficient consid?eration
A) because it is a promise of something of value.
B) only if Dave adds a cash rebate.
C) only if Eva uses it.
D) under no circumstances.

Quizplus · Accepted Answer

Dave's discount on purchases from his store qualifies as legally sufficient consideration since it is a promise of something of value. The fact that it is a discount on purchases instead of cash does not make it inadequate consideration.