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Imani is feeling charitable. She calls up her alma mater, Princevard University, and pledges to donate a million dollars of her newfound wealth to the
Imani is feeling charitable. She calls up her alma mater, Princevard University, and pledges to donate a million dollars of her newfound wealth to the school's chemistry department. Princevard is thrilled, and immediately begins constructing a new chemistry lab for teaching undergraduates about battery technology. Sometime later, Imani changes her mind and decides to donate the money to her local community college, which needs the money much more than Princevard does. Princevard sues Imani for the donation. Who wins? Imani wins because her original promise to Princevard was not supported by valid consideration. Imani wins because a promise to give a gift is unenforceable. Princevard wins because it is a nonprofit organization that relied on her promised gift. Princevard wins because it can be more productive with the money than a community college
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