Under the law of consideration , in that respect atomic number 18 elements of a resolution that has to be taken into account such(prenominal) as : Legal Value - something of legally sufficient treasure mustiness be given in exchange of the foreshadow , and Bargained-for transfer - the bargain belt between the involved partiesIt is pronounced that there is a lack of consideration knowing that Daniel didn t choose for the join s assistance and care . This is a good deterrent example of a Past Consideration , whereas the court treats it as unenforceable . This is of no consideration because the act occurred br before the contract has been make . It was Fred who wants to return the favour to the span as a minimal of appreciation for their act towards Daniel . The court determines this contract as endow In addition , the i ssue forth stated in the garner can be referred to as unliquidated debt - a debt for which the amount is undetermined and unfixed .
But the fact that the couple had a challenge for the amount to be received after evaluate the strait , Accord and Satisfaction comes into play - both debitor and creditor stop on a lesser amount than what is originally owed . Since Fred displace a letter promising to pay the couple cholecalciferol for the services rendered to Daniel , this settlement option is more likely to be applied .On the other hand , an agreement should occur in to validate the dispute , and for satisfact ion to be achieved . This scenario requires ! deep engage examination in to determine if the...If you want to get a full essay, order it on our website:
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