Question
Desiree, a clothing designer, contracted to work for Fashion Victims, Inc., a clothing manufacturer, for one year at $1,000 a week. A short time later,
Desiree, a clothing designer, contracted to work for Fashion Victims, Inc., a
clothing manufacturer, for one year at $1,000 a week. A short time later,
Desiree was offered $1,500 a week to work for a competitor. Upon hearing that
they might be losing Desiree's services, Fashion Victims offered to increase
Desiree's salary to $1,300 a week for the remainder of the contract term.
Desiree agreed. Based upon these facts, answer the following questions:
1. What was the offer by Fashion Victims?
2. What was the consideration?
3. Was there a new offer by Fashion Victims?
4. What was the new consideration (if any) for the new "agreement"?
how is it different from the "old" consideration (if it is)?
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