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