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On your 16 th birthday your aunt promised to pay you $10000 if you promised to not buy alcohol for 2 years. Answer the following:

  1. On your 16th birthday your aunt promised to pay you $10000 if you promised to not buy alcohol for 2 years.

Answer the following:

  • Is this a valid contract?
  • Is there a consideration?
  • Is past consideration a valid consideration?.

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