This podcast by Professor Jennifer S. Martin examines when agreements are enforceable as contracts because they are supported by consideration. The podcast looks at common descriptions of consideration, including benefit-detriment and “bargained-for exchange.” It also considers traditional issues of consideration and common disputes involving unequal bargains, nominal or sham consideration, and past consideration. The podcast discusses several hypotheticals and also the following cases: Schnell v. Nell, 17 Ind. 29 (1861), Hamer v. Sidway, 124 N.Y. 538, 27 N.E. 256 (1891), and Basatkis v. Demotsis, 226 S.W.2d 673 (Tex. Civ. App. 1949).
- New CALI Podcast – Discharge of Duties: Discussions in Contracts
- Press Release: The Center for Computer-Assisted Legal Instruction (CALI) Legal Research Revision Fellowship
- Download our new “U.S. Federal Income Taxation of Individuals 2021” casebook to assign for your classroom.
- New CALI Podcast Available – The Basics of Consideration and the Bargain Theory: Discussions in Contracts
- New CALI Lessons Available (Podcast) – Good Faith: Discussions in Contracts