Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jan and Dean married 10 years ago. At the time of their marriage, Jan was the president of a successful advertising agency and Dean owned

Jan and Dean married 10 years ago. At the time of their marriage, Jan was the president of a successful advertising agency and Dean owned a gym. Several months after their marriage, Dean became ill and was unable to work. He asked Jan to devote full time to the gym. If she would agree, they would operate the business together, share equally in the ownership of its assets, and divide any profits equally. Jan agreed and terminated her advertising agency business. Ten years later, Dean divorced Jan and denied her any rights to the gym. The law firm where you work as a paralegal represents Jan.

ReviewPenley v. Penley, 332 S.E.2d 51 (N.C. 1985) to and then respond to the following questions:

  • Did consideration exist in Jan and Dean's agreement?
  • Document whether the contract was enforceable in the State of Nevada according to the requirement of consideration.
  • Does the contract's enforceability change based on whether the contract is in writing or only verbal? Does it matter if Dean contests Jan's description of the contract?
  • Would the outcome be different if Jan filed for divorce instead of Dean?
  • Would the outcome be different if they were married in California instead of Nevada?
  • Do you agree with the outcomes in the scenarios above? Explain why or why not for each scenario as needed.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Constitutional And Administrative Law

Authors: Chris Taylor

6th Edition

1292210109, 978-1292210100

More Books

Students also viewed these Law questions