Lexxt |
12-31-2011 01:39 AM |
Quote:
Originally Posted by solid
(Post 506502)
No consideration, lack of promissory estoppel= not enforceable. Move along mouthbreathers.
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I'll respond to you only to make sure you don't confuse people in to thinking you know what you're talking about.
Consideration - A benefit or right for which the parties must bargain. In order for a contract to be valid, a contract must be founded on an exchange of one form of consideration for another. Consideration may be a promise to perform a certain act.
Promissory Estoppel - A legal principle that prevents a person who made a promise from reneging when someone else has reasonably relied on the promise and will suffer a loss if the promise is broken.
Consideration? Check. Promissory Estoppel? His integrity and red99 reputation. Check.
If you are in fact a lawyer, you may want to consider a career change. The real lawyer has spoken.
Now, Cast, ignore the trolls. Answer me directly. You asked for proof; you asked for a link -- I've provided both. What say you?
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