1. A promises to assign to B a patent owned by A, in exchange for B's promise to pay A US$10,000. B's obligation is conditioned on the favorable termination of pending litigation concerning the patent's validity.  Is B's promise valid consideration for A's promise?Explain
   
   
2. In the course of a television interview, actress Amy stated, "I'm always having problems with my weight I'd give a thousand dollars for the secret of staying thin!" Buford wrote Amy a letter stating, "The secret of staying thin is to eat less and exercise more.  You owe me $1,000."  Is Buford entitled to the $1,000?Explain

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1 Bs promise is considered valid consideration for As promise In contract law consideration is the v... View the full answer