April 04, 2011. The doctrine of consideration is the idea that a valid contract requires an actual bargain of some sorts. That is, both parties must give something to the other. This makes the more paranoid law student wary of receiving anything of value -- there might be strings attached.
Obviously, there has to be more than someone doing something nice for you for there to be a contract, but this is how a typical contract law hypothetical starts. What if Lucy had promised to buy Brown Rabbit a car earlier in the day, but forgot to revoke her offer? Would paying the bill signal the acceptance of that earlier offer? Suppose both bunnies get wasted later and agree to all sorts of things? What result?
The answer: Probably nothing. But some of us are paranoid.
Oh, if you need help outlining for contracts, may I suggest this handy-dandy poster?
Shout-out to Hugo.
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