Consideration Generally, for an agreement to constitute an enforceable contract, the agreement must be accompanied by reciprocal consideration. This means that each party must exchange something of "bargained-for" value. (Please see Chapter 12 and the chapter overview.) In a new thread, please answer the following questions: 1. Do you agree that consideration should be a requirement for a valid contract. Why or why not? 2. Do you think that the doctrine of promissory estoppel should apply in some instances as an exception to consideration? Please explain. Feel free to reference any case decisions in Chapter 12 to support your conclusions. Discussion Board Rubric Criteria 13-14 11-12 points 0-10 18-20 points 15-17 points points points Responsivenes Responds Responds Responds s to discussion to all to all to all board questions questions questions questions and thoroughly; posed; posed; critical exceptional excellent adequate thinking in depth analysis of analysis but analysis the contains with material few substantial but less in supporting supporting depth than details and details and the 9-10 evidence evidence. response from the with good readings. supporting details and evidence. Responses did not Responses address the were not questions posed responsive sufficiently; analys to the is lacked questions supporting details.asked or no response was given *No response will receive zero credit Clarity of Post Responses Responses Responses Posts may have were easily were needed been unclear or understood understood further needed further and very and clear. clarification clarification. clear. or elaboration. Posts are unclear, needed clarification or not present. S Replies to Interacts Interacts Interacts Does not interact Does not other with with with with other interact students' Post students students students students or with other and/or and/or and/or interacts with students or professor professor professor at students or interacts at least two at least one least one professor, but with other times. time. time. posts are not students, responsive or may but posts need clarification. are missing or off topic. Consideration Generally, for an agreement to constitute an enforceable contract, the agreement must be accompanied by reciprocal consideration. This means that each party must exchange something of "bargained-for" value. (Please see Chapter 12 and the chapter overview.) In a new thread, please answer the following questions: 1. Do you agree that consideration should be a requirement for a valid contract. Why or why not? 2. Do you think that the doctrine of promissory estoppel should apply in some instances as an exception to consideration? Please explain. Feel free to reference any case decisions in Chapter 12 to support your conclusions. Discussion Board Rubric Criteria 13-14 11-12 points 0-10 18-20 points 15-17 points points points Responsivenes Responds Responds Responds s to discussion to all to all to all board questions questions questions questions and thoroughly; posed; posed; critical exceptional excellent adequate thinking in depth analysis of analysis but analysis the contains with material few substantial but less in supporting supporting depth than details and details and the 9-10 evidence evidence. response from the with good readings. supporting details and evidence. Responses did not Responses address the were not questions posed responsive sufficiently; analys to the is lacked questions supporting details.asked or no response was given *No response will receive zero credit Clarity of Post Responses Responses Responses Posts may have were easily were needed been unclear or understood understood further needed further and very and clear. clarification clarification. clear. or elaboration. Posts are unclear, needed clarification or not present. S Replies to Interacts Interacts Interacts Does not interact Does not other with with with with other interact students' Post students students students students or with other and/or and/or and/or interacts with students or professor professor professor at students or interacts at least two at least one least one professor, but with other times. time. time. posts are not students, responsive or may but posts need clarification. are missing or off topic