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Jared is 16 years old. One day, Jared obtained all A's on his report card. After viewing his report card, Jared's Aunt Betty jumps for
Jared is 16 years old. One day, Jared obtained all A's on his report card. After viewing his report card, Jared's Aunt Betty jumps for joy and states the following: Jared, since you got all A's this semester, I am going to give you $1,000. Jared got a piece of paper and wrote down the terms of the agreement. Three days later Jared comes to his Aunty Betty for the $1,000. Aunt Betty states that she was just kidding and does not give Jared $1,000. Jared sues his Aunt Betty. In the litigation between Aunt Betty and Jared, who will win and why? O Jared wins. Aunt Betty expressly said that she will give him $1,000. O Jared wins. Jared obtained all A's and is entitled to the $1,000 promised to him. O Jared wins. Jared wrote down the terms of the agreement. O Aunt Betty wins. Jared receiving all A's is not valid consideration for the $1,000. O Aunty Betty wins. Jared did not get his Aunty Betty to sign the contract
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