Required Information Problems with Consideration Problems can arise when the consideration in a contract ls money and the parties of the agreement are in disagreement over the amount. The resolutions of these problems are dependent upon whether-a genuine dlspute over the transaction occurred. As a general rule. an agreement without consideration will not be enforceable. However, some states have eliminated this requirement for certain agreements. ' Concept Review: State and federal laws determine when an agreement is enforceable and how long a party has to enforce an agreement Although consideration is one of the elements for mutual assent, some state laws have removed the requirement of consideration. Case: Read the case below and answer the questions provided. Report: Tommy Thompson told Sasha Sanders that he would hire her to work as a financial advisor at his company. He gave her a date to begin work and told her to leave her currentjob. Relying on Thompson's statements, Sanders left her job. Thompson never let Sanders begin work, and as a result. she was out of work for four months. Sanders sued Thompson ' had never decided on the nal for the wages she lost during those four months. Thompson argued that because they _ _ terms of the employment. no contract existed between the two of them. Sanders argued that the prrncrple of promissory estoppel should apply here. Explain the principle of promissory estoppel. .,, ,__._ , . . W... * A . . . ' ,.,A_n_