1. Blairs is offered a new job with Scott Specialty Gases (SSG). Along with her compensation and benefit package, SSG gives her a copy of the employee handbook. Inside is an arbitration clause. Blair accepts the job. Is she bound by the arbitration clause (was there consideration?).

YES NO

2. Mona is employed by Truland Services. At her one-year anniversary, her employer tells her she needs to sign a Covenant Not to Compete that she will not solicit the employers customers when she leaves the job. If she does not, he implies that she might lose her job. Blair signs. Is she bound by the Covenant (was there consideration?).

YES NO

3. A offers to buy a book owned by B and to pay B $10 in exchange therefore. B accepts the offer and delivers the book to A. Is there consideration?

YES NO

4. A receives a gift from B of a book worth $10. Subsequently A promises to pay B the value of the book. Is there consideration?

YES NO

5. A owns land worth $10,000 which is subject to a mortgage to secure a debt of $6,000. A promises to make a gift of the land to his son B and to pay off the mortgage. Later, A gives B a deed subject to the mortgage. B accepts but then sues his dad for the mortgage. Will he win? Is there consideration?

YES NO