Question
C: look how about you drop the law suit as it is very stressful for both of us? I will give you $500 compensation if
C: look how about you drop the law suit as it is very stressful for both of us? I will give you $500 compensation if you tell your lawyer to drop the law suit.
D: ok I will phone my lawyer now.
David drops the law suit. If Charles does not pay the money, can David successfully sue Charles for his promise to pay $500?
Issue: Is the promise to pay $500 legally enforceable under the rules of consideration?
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The Legal Environment of Business
Authors: Roger E. Meiners, Al H. Ringleb, Frances L. Edwards
13th edition
1337095494, 978-1337516044, 133751604X, 978-1337095495
