Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

11.3 Consideration Jack Tallas immigrated to the United States from Greece. He lived in Salt Lake City, Utah, for nearly 70 years, during which time

11.3 Consideration Jack Tallas immigrated to the United States from Greece. He lived in Salt Lake City, Utah, for nearly 70 years, during which time he achieved considerable success in business, primarily as an insurance agent and landlord. Over a period of 14 years, Peter Dementas, a close personal friend of Tallas's, rendered services to Tallas, including picking up his mail, driving him to the grocery store, and assisting with the management of his rental properties. One day, Tallas met with Dementas and dictated a memorandum to him, in Greek, stating that he owed Dementas $50,000 for his help over the years. Tallas indicated in the memorandum that he would change his will to make Dementas an heir for this amount. Tallas signed the document. Tallas died seven weeks later, without having changed his will to include Dementas as an heir. He left a substantial estate. Dementas filed a claim for $50,000 with Tallas's estate. When the estate denied the claim, Dementas brought this action to enforce the contract. The estate of Tallas argued that Tallas's promise to Dementas lacked consideration and should not be enforced. Is there consideration supporting Tallas's promise to Dementas?Dementas v. Estate of Tallas, 764 P.2d 628, 1988 Utah App. Lexis 174 (Court of Appeals of Utah, 1988)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Text and Exercises

Authors: Roger LeRoy Miller, William E. Hollowell

8th edition

1305509609, 1305644823, 9781305856479 , 978-1305509603

More Books

Students also viewed these Law questions