A orally promised to pay $150 to her son, B, solely in consideration of past services rendered to A by B, for which there had been no agreement or request to pay.

A orally promised to pay $150 to her son, B, solely in consideration of past services rendered to A by B, for which there had been no agreement or request to pay.

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Discuss and explain whether there is valid consideration for each of the following promises:

A and B entered into a contract for the purchase and sale of goods. A subsequently promised to pay a higher price for the goods when B refused to deliver at the contract price.

Discuss and explain whether there is valid consideration for each of the following promises:

A promised in writing to pay a debt, which was due from B to C, on C’s agreement to extend the time of payment for one year.

Discuss and explain whether there is valid consideration for each of the following promises:

A orally promised to pay $150 to her son, B, solely in consideration of past services rendered to A by B, for which there had been no agreement or request to pay.

Answer and ExplanationSolution by a verified expert
Explanation In this case, Persons A and B have already been in a contract, and price is also fixed. Person B suddenly cannot disagree with the price and refuse to deliver goods at an agreed price....

Explanation

In this case, Persons A and B have already been in a contract, and price is also fixed. Person B suddenly cannot disagree with the price and refuse to deliver goods at an agreed price. The offer made by Person A to pay higher price than contract price can be consideredto be invalid.

Verified Answer

There may be no valid consideration as Person B disagrees to deliver at contract price.

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