Esmeralda promises to pay Fiorello $400 because "he does not have as much money as other people." Esmeralda's promise is not enforceable because
A)society does not want gifts cheapened by making them legally enforceable.
B)the redistribution of wealth on a one-to-one basis is not a valid social goal.
C)Esmeralda could have paid more.
D)Fiorello has not given consideration in return.

Question

Quizplus · Accepted Answer

To form an enforceable contract, there must be an exchange of consideration between the parties. In this case, Esmeralda promised to pay Fiorello without receiving anything in return. Therefore, Fiorello has not given consideration and the promise is not enforceable. Choices A and B do not relate to the legal elements of contract formation, and choice C is not a valid reason for a promise to be unenforceable.

Esmeralda Promises to Pay Fiorello $400 Because "He Does Not