Consider the essential elements of contract

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Consider the essential elements of a contract and what to do if you cannot find a contract in the following situation. Please consider the following facts and questions:

Steve has operated an excavating service for 25 years. Joe is a young man who wants to learn the business in hopes of starting his own someday. At least twice a week, Joe will stop by Steve's job site, talk a while with Steve, and perform minor repairs on Steve's equipment. Joe has never asked for or received pay for what he does. While at a diner with several other people, Steve tells Joe that he appreciated everything Joe has done so much that he was going to give Joe his old backhoe when he bought a new one. While Joe did not say anything, he was very excited and worked extra hard every time he was at Steve's site. When Steve bought a new backhoe, he sold the old one instead of giving it to Joe. When Joe found out, he decided to sue Steve. What type(s) of claim might he plead and what will he have to show to be successful?

Reference no: EM132286347

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