past consideration
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purposes of present contract
promise cannot be based on consideration that was provided before the
promise was made
unliquidated debt-
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parties either (in good faith) dispute the fact that any money is owed or
agree that some money is owed but dispute the amount
, example for Benefit to promisor
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a promise to stay in a job until a particular project is complete
T/F Court will not define the specific value for anyone
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True
example for detriment to the promise
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promise to your football coach to refrain from riding your motorcycle
during football season, even though you love doing it a lot.
types of consideration
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purposes of present contract
promise cannot be based on consideration that was provided before the
promise was made
unliquidated debt-
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parties either (in good faith) dispute the fact that any money is owed or
agree that some money is owed but dispute the amount
, example for Benefit to promisor
Give this one a try later!
a promise to stay in a job until a particular project is complete
T/F Court will not define the specific value for anyone
Give this one a try later!
True
example for detriment to the promise
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promise to your football coach to refrain from riding your motorcycle
during football season, even though you love doing it a lot.
types of consideration
Give this one a try later!
