Read Taking Sides at the end of Chapter 12. Based on what you learned from Vanegas, predict how a court will resolve the question of whether the employer's promise is supported by consideration. After the first sentence, in which you will predict the outcome, explain how you reached that outcome. Note that the board resolution was "in appreciation for her skill, dedication, and long years of service." Explain whether this is sufficient consideration. Also, compare the obligation that Feinberg had to fulfill in order to receive the retirement pay with what the employees in Vanegas had to do to get 5% of the value of the sale. Finally, assume that this promise by the board is not supported by consideration and explain whether the board's promise is enforceable under the doctrine of promissory estoppel.

Taking Sides Anna Feinberg began working for the Pfeiffer Company in 1972 at age seventeen. By 2009, she had attained the position of bookkeeper, office manager, and assistant treasurer. In appreciation for her skill, dedication, and long years of service, the Pfeiffer board of directors resolved to increase Feinbergs monthly salary to $4,000 and to create a retirement plan for her. The plan allowed that Feinberg would be given the privilege of retiring from active duty at any time she chose and that she would receive retirement pay of $2,000 per month for life, although the Board expressed the hope that Feinberg would continue to serve the company for many years. Feinberg, however, chose to retire two years later. The Pfeiffer Company paid Feinberg her retirement pay until 2018. The company thereafter discontinued payments.