Discuss and explain whether there is valid consideration

Assignment Help Management Theories

Reference no: EM131377804

Discuss and explain whether there is valid consideration for each of the following promises:

a. A and B entered into a contract for the purchase and sale of goods. A subsequently promised to pay a higher price for the goods when B refused to deliver at the contract price.

b. A promised in writing to pay a debt, which was due from B to C, on C's agreement to extend the time of payment for one year.

c. A orally promised to pay $150 to her son, B, solely in consideration of past services rendered to A by B, for which there had been no agreement or request to pay.

Reference no: EM131377804

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