Promissory estoppel
Past consideration
preexisting duty
adequancy of consideration
NO NEGATIVE ANSWERS PLEASE.
2007-07-24 11:48:50 · 2 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
Is it law school exam time already?
Promossory (as well as equitable) estoppel.
2007-07-24 13:10:32 · answer #1 · answered by mcmufin 6 · 0⤊ 0⤋
Well, adequacy of consideration cannot be correct because your question specifies "without consideration". So, if there is none it cannot be adequate.
"Past consideration is no consideration". That phrase is drilled into the head of any law student.
Pre-existing duty is a specific doctrine that's worth reading and understanding, because it's important to the practice of contract law.
Read the definition of Promissory estoppel and you'll have your answer.
2007-07-24 18:52:38 · answer #2 · answered by coragryph 7 · 2⤊ 0⤋