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).
- CALIcon21 LEADS THE WAY!
- New CALI Podcast – Priority Between a Secured Party and a Party with a Lien: Discussions in Secured Transactions
- Announcing the CALIcon21 Conference Keynote Speaker Professor Michael Wesch!
- New CALI Podcast – Classification of Collateral I: Discussions in Secured Transactions
- Changes coming to the cali.org website