Question: Please answer all in a paragraph or more! Thanks Jill promised her great-grandson Jack that he would be paid a sum of $5,000 if he
- Please answer all in a paragraph or more! Thanks
- Jill promised her great-grandson Jack that he would be paid a sum of $5,000 if he refrained from drinking, using tobacco, and gambling until he turned 21. Jill passed away before she was able to transfer the amount promised to Jack on his 21st birthday and the executor of her estate refused to give that amount to Jack. Jack claimed that his great-grandmother entered into a binding contract with him, which he accepted by refraining from drinking, smoking, and gambling until he was 21. The executor claimed that Jack did not have the proper consideration to enter into a binding agreement because he did not provide anything of value in exchange for the $5,000.Everything he did was necessary for his own health and welfare and could not be sufficient legal consideration for a contract.
- Does Jack have a valid contract with his great-grandmother?
- What does it mean to have sufficient "consideration" to enter into a contractual agreement?
- While Jack was on vacation, Jill offered to water his plants each day. This turned out to be a significant burden for Jill due to a recent snowstorm, which made driving even a few blocks particularly dangerous. When Jack returned home, Jill asked that she be compensated for her time and effort. Jack offered to pay Jill $200 for the work she already completed that week and Jill accepted.But when Jack realized that he spent more on his vacation than he intended, he decided to rescind that offer.
- Does Jill have a valid breach of contract claim against Jack?
- What element, if any, is missing for the establishment of a contract?
- Jill, who has been working as a chef for several years, is considering building her own restaurant. She speaks to a contractor who promises to construct a restaurant for $10,000. Jill has only $15,000 in savings and decides to put some of that money toward her new restaurant. She informs the contractor of her total potential contribution in savings and asks him to begin work on the restaurant. Once the contractor begins work on the restaurant, Jill is informed that the cost will now be no more than $15,000. Jill decides to quit her job in reliance on the new restaurant opening and begins attending new business planning meetings. In the following month, the contractor informs Jill that the cost will now be at least $25,000. Because Jill left her job in order to pursue her new business venture, she does not have the additional capital to continue building the restaurant.
- Can Jill claim that her contractor breached an express or implied contract to construct the restaurant?
- Can Jill recover under the doctrine of promissory estoppel?
- Explain the elements of promissory estoppel.
- Merchant's Firm Offer and Mirror Image Rule
- Describe and Explain.
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