- Facts: Uncle promised nephew $5k if he refrained from drinking, swearing, smoking, and playing cards/gambling until he was 21. Nephew did all these things and was never paid.
- Holding: there was consideration, nephew gave up his legal right to do those things.
- Rule: consideration for a promise may consist of, among other things, the abandonment of a legal right.
Friday, March 23, 2012
Hamer v. Sidway case brief
Hamer v. Sidway; (Ct of Appeals of NY, 1891); CB 233; Notes 25
Bargained-for legal detriment – don’t drink, kid.
Earning a Juris Doctor (JD) degree is a significant accomplishment, opening a wide array of career paths beyond the traditional legal practi...
Class 1: Elements of Fundamental Value: Present Value, Future Value, Net Present Value: Elements of Fundamental Value (38) One year : ...
I can help you land in the top 10% of your law school class. Imagine, how your life would be different if you were in the top 10% o...
Corthell v. Summit Thread Company (1933) · Facts: Corthell is a salesman for Summit. He invents contraption that is bought b...