Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Nate's promises to pay Frank $ 4 0 0 because he does not have as much money as other people. Nate's promise is not
Nate's promises to pay Frank $ because he does not have as much money as other people." Nate's promise is not enforceable because:
Frank has not given consideration in return.
the redistribution of wealth on a onetoone basis is not a valid social goal.
Nate could have paid more.
society does not want gifts cheapened by making them legally enforceable.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started