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Identify the consideration in the following agreements and label appropriately: A.Uncle's promises to pay $5,000 to Nephew for the Nephew refraining from drinking, smoking, and
Identify the consideration in the following agreements and label appropriately:
A.Uncle's promises to pay $5,000 to Nephew for the Nephew refraining from drinking, smoking, and gambling. Nephew agrees.
B.Ben promises to wash Jerry's car in exchange for Jerry's promise to pay him $500.
C.James agrees to teach Ken's son, Lee, magic in exchange for free meals at Ken's restaurant.
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