Microsoft founder and chairman Bill Gates visits the Podunk Hospital in beautiful downtown Podunk to seek treatment for a minor infection. Impressed by the level of care he receives, Gates promises to pay $5 million for a new Intensive Care Unit at the hospital, which the hospital agrees to name The Melinda and William H. Gates Intensive Care Unit, after Gates and his wife.

• Has Podunk Hospital offeredsufficientconsideration to Gates in exchange for the $5 million?
• Explain why or why not.