Episode 4: Consideration
Update: 2023-08-17
Description
This episode continues the discussion of what makes a valid contract. Topics covered in this episode include:
-consideration formula
-sufficiency vs. adequacy of consideration
-the pre-existing duty rule
-illusory promises
-gifts
-past or moral consideration
-consideration formula
-sufficiency vs. adequacy of consideration
-the pre-existing duty rule
-illusory promises
-gifts
-past or moral consideration
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