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Suppose Dodd promised to give his father a new fishing rod for Father's Day. His father was an attorney and said, In order to make
Suppose Dodd promised to give his father a new fishing rod for Father's Day. His father was an attorney and said, "In order to make the promise an enforceable contract, I'll give you $1 in exchange for your promise." Dodd agreed, but the $1 paid by Dodd's father played no role in inducing Dodd's previous promise. Dodd later got into an argument with his father and did not give him the fishing rod for Father's Day as promised. Is there valid consideration to support the promise in contract?
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