Get a unique, high-quality and non-plagiarized paper from us today at the most affordable price
Email us :

Contract Law

Reading material:
Please read the following in your Business Law text:
Bevans, N. (2006). Business law: A hands-on approach. Clifton Park, NY: Delmar Cengage Learning
Chapter 4 pages 71–85

1: What is Consideration?

Consideration is the right, interest, or benefit of one party. It can also be defined as something given in exchange for a promise. Consideration, in essence, is something that one party values and is willing to give to another party for a return promise.

2. Types of Consideration

Consideration comes in many forms. The following are a few examples:

A benefit, such as having the benefit of going to the front of the cafeteria line.
A physical object, such as a valued teddy bear.
Consideration is important because it demonstrates a party’s intent to contract. A gratuitous promise is a one-party promise to do, or give, something to another party. These are unenforceable.

For example:

Suppose that I promise to give Lori my prized paperclip collection. If I do not deliver the paperclip collection to her, she has no legal recourse to enforce the promise. This is because Lori did not provide a promise in return. If she had, then she would have provided consideration, and that would have formed a legal contract.

3. Proving Consideration

Proving consideration is generally not at issue in litigation. This is because contracts are written nearly all of the time. Oral promises, which are enforceable, must prove consideration when there is no writing. This is accomplished by testimony of the parties and witnesses to the contract.

4. Insufficient Consideration

Courts rarely evaluate whether the consideration tendered, by any party to a contract, is insufficient. This is because courts realize that they cannot determine the value of intangible consideration as it applies to an individual. “They do not wish to put themselves in the position of acting as the final arbiters of value” (Bevans, 2006, p. 78).

For example:

Steve has the benefit of always being allowed to the move to the front of the cafeteria line. He trades this benefit in return for Fadi’s television. The court views the bilateral consideration tendered as “sufficient” because each party bargained-for the promise they received in exchange. A court cannot possibly determine how valuable Steve’s benefit is to him or to Fadi. The value of such is to be determined by the parties in the bargaining phase of contract formation.

What is Promissory Estoppel? Define one of the following: Waiver, Accord and Satisfaction, or Contracts for an Illegal Purpose. Create a fact pattern illustrating one of the concepts defined above.

Do you want your assignment written by the best essay experts? Then look no further. Our team of experienced writers are on standby to deliver to you a quality written paper as per your specified instructions. Order Now, and enjoy an amazing discount!!

Looking for a similar assignment. Place your order for a similar paper now and have excellent work written by our team of professionals to ensure you acquire the best grades.

If you find it difficult to balance your work and your studies because you are overwhelmed by other responsibilities, you have come to the right place . With the help of our dependable and simple-to-use essay and research writing service, students are able to focus on work or non-academic-related duties that they are required to carry out and complete all their school work on time .

We assist students who are struggling with their academic endeavors by allowing them to obtain essay assistance from  professional essay writers. We are never late for a deadline. When you ask our writer to write your paper, the assignment can be completed in as little as 12 hours or as long as 2 weeks. The order’s deadline is entirely up to you. 

Place an order of your assignment if you are in urgent need of assistance because your essay is due in a few hours/days or you do not know how to complete your professor’s academic assignment. We are here to assist you. You are guaranteed of high grades through our services. 

How to Place an Order 

When you want Premiered Tutorials to do your homework for you, you send the assignment details such as the instructions, due date/deadline, number of pages and college level to the customer support agent online on live chat,  fill in the assignment details at place an order or send the information to our email address and a customer support agent will respond to you immediately. 

Premiered Tutorials has competent writers to handle any of your assignments. Once you place your order, we choose for you the best and competent writer for your assignment based on each writer’s competence in handling a subject. 

When the homework is completed, we have a quality assurance team that proofreads the assignment to ensure it meets the required rubric instructions from your professor.

After thorough review of your assignment, we send the paper to the client. In case you need any changes at this point, you can let us know so that we can handle it for you at no extra charge. 

Why Premiered Tutorials?

If you need professional online homework help at a cheap price from professional and thoroughly vetted online homework helpers, reach out to the best homework help website, Premiered Tutorials.

Whether you are in high school, undergraduate, masters or PhD level, we have the best academic writers to assist you with your homework. We thoroughly vet all our online homework helpers to ensure they are competent to handle our clients’ tasks. Some of the requirements we have is ensuring that they are English Native speakers, have all attended colleges and had high grades in their undergraduate, Masters and PhD classes and have worked as academic writers and delivered high results.

We are a reliable and best essay writing website in the market. Our assignment help services or rather what our clients ask us to do for them include take my online class for me, order an essay cheap, pay someone to write my essay, help with my assignments, history homework help, college homework help, essay writing help online, answers for your homework, pay someone to do my homework for me, homework answers math, pay someone to take my proctored exams and nursing homework assignment help online. As the best website for homework answers, our homework doers also offer cheap essay writing services, online assignment help for all classes

  • Law/ Criminal Law
  • Nursing
  • Information Technology
  • Psychology
  • Business
  • Statistics
  • Sociology
  • History
  • Communication
  • Culture and Society
  • Biology
  • Astronomy
  • Engineering

The courses indicated above are just but a small group of the types of classes Premiered Tutorials handles.

We have competent homework writers that can handle all academic disciplines regardless of the level of education of our clients.

  When we do your homework for you, we write it from scratch to ensure you receive a unique paper. It also ensures that every homework we do for you is free from plagiarism and will help the client to get the highest grades in his or her classes. Any client who manages to consistently use our homework help services is guaranteed of always having the best grades and being one of the top students in the class because we always deliver the best quality for any homework we do for you.

When we complete working on your homework, we deliver the paper to you on time as we are well aware that the work we handle, is time sensitive. Timely deliveries of assignments help our clients get the highest grades because missed deadlines on assignments can result to deductions of marks for late submissions. Therefore, you will always be assured of quality online homework help through Premiered Tutorials whenever you ask us to do your homework for you.

Why we should write your Paper 

  1. Money Return guarantee
  2. 0% Plagiarism Rate
  3. Guaranteed Privacy
  4. Written from scratch by highly qualified writers 
  5. Communication at Any Time (24/7)
  6. Flexible Pricing and Great Discount Programs
  7. Timely Deliveries
  8. Free Amendments

Statistics about Us

130 New Projects
235 Projects in Progress
315 Inquiries
420 Repeat clients

© 2021 Premiered Tutorials
All rights reserved. We provide online custom written papers, such as term papers, research papers, thesis papers, essays, dissertations and other custom writing services.

All papers inclusive of research material are strictly intended to be used for research and study purposes only. Premiered Tutorials does not support or condone plagiarism in any form. These custom papers should be used with proper reference.

Place an Order
error: Content is protected !!