Maaaaannn, your videos are so good. You repeat some of the material a few times and that saves me from having to rewind. I am watching your vids to prepare for an upcoming essay quiz and this is soooo helpful. Thank you, professor!
Past consideration 2 exceptions: (1) new promise to pay a past debt that is now barred (i.e., SOL has run) can provide valid consideration if it is made in writing or partially performed, and (2) new promise to pay for benefits previously received at the promisor's request, or in an emergency can be binding without consideration.
After watching the offer and acceptance video, how would you analyze the consideration in the essay. For example, after we find that there is an acceptance, do we state there is also consideration, which creates a valid contract.
Thanks sir. I got a question here for you. On date 27/April/2020 Mr. John Peter offered an automatic machine gun (AK47) to Mr Mathew Smith at the price 2000$. On date 28/April/2020 Mr.Mathew Smith received the gun and agreed that the price amount will be paid on 27/may /2020. On date 28/ may / 2020 Mathew Smith failed to pay the agreed price of the automatic machine (AK47) to Mr john peter. Assumed that you're a lawyer; Mr john peter came to you seeking advice: 1/ can he sue Mr .Mathew Smith claim for the price? Why. 2/ what's your advice to him.
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it is just my mere guess, hope it helps. There is already a legal obligation for A to pay B back for the money borrowed. A is not giving up any legal detriment. There is no bargain at the first place, B has a right to claim back the money he borrowed, a worthy consideration, in my opinion for this case, is to provide security (e.g. B gives an item to A and promises if he cannot pay back the money, the item can be sold by A to reclaim money). A duty under contract or law does not count as sufficient consideration
![Contract Law: Consideration (The "Bargained-For Exchange") [LEAP Preview]](http://i.ytimg.com/vi/rk-6HGMYng8/mqdefault.jpg)
![Contract Law: Consideration (The "Bargained-For Exchange") [LEAP Preview]](/img/tr.png)
This video did more for me than 3 hours of Themis. Very light, clear and understandable.
Awesome, happy to help!
!ф00!!!00!
Wow my Contracts final is Monday and I promise you this and the other videos have taught me more than my professors
Thank so much , as a 1L you just made my understanding a concept I had to reread several times to having it click within minutes ..
Thank you so much for taking the time to explain all this to us for free. It has helped me immensely! You remind me of Sal Khan, so altruistic.
No problem, happy to help! 👍
So glad I found you. My course sounds and reads like stereo instructions. You brought this to life for me, and it finally makes sense.
Maaaaannn, your videos are so good. You repeat some of the material a few times and that saves me from having to rewind. I am watching your vids to prepare for an upcoming essay quiz and this is soooo helpful. Thank you, professor!
I’m so happy I found your videos! They’ve helped me so much more than actual class
Awesome, happy to help!
I love that my professor puts these to watch as assignments with our chapters. He is so easy to get and keeps my attention. Love it.....
Thanks for tuning in! Your professor sounds super smart!
Bro you should be a professor
Love these videos. Very helpful & thoroughly explains the concepts.
Thank you!
Past consideration 2 exceptions: (1) new promise to pay a past debt that is now barred (i.e., SOL has run) can provide valid consideration if it is made in writing or partially performed, and (2) new promise to pay for benefits previously received at the promisor's request, or in an emergency can be binding without consideration.
Great video! Thanks for sharing.
Thank you!
After watching the offer and acceptance video, how would you analyze the consideration in the essay. For example, after we find that there is an acceptance, do we state there is also consideration, which creates a valid contract.
bless your soul
Thank you!
This guy is a STUD
This was an awesome video. I wish my K Prof made it this easy!
Thanks sir.
I got a question here for you.
On date 27/April/2020 Mr. John Peter offered an automatic machine gun (AK47) to Mr Mathew Smith at the price 2000$. On date 28/April/2020 Mr.Mathew Smith received the gun and agreed that the price amount will be paid on 27/may /2020.
On date 28/ may / 2020 Mathew Smith failed to pay the agreed price of the automatic machine (AK47) to Mr john peter.
Assumed that you're a lawyer; Mr john peter came to you seeking advice:
1/ can he sue Mr .Mathew Smith claim for the price? Why.
2/ what's your advice to him.
Thank you!
It was really helpful...Thank you for that
🚨 SPECIAL OFFER: Want to crush law school finals, rack up scholarship $$$, pass the bar exam, and practice law like a BOSS? Take the LEAP. Get started today for free at: www.studicata.com/leap
Is A lending B money (6k) and A promise to pay B back a consideration ?
it is just my mere guess, hope it helps. There is already a legal obligation for A to pay B back for the money borrowed. A is not giving up any legal detriment. There is no bargain at the first place, B has a right to claim back the money he borrowed, a worthy consideration, in my opinion for this case, is to provide security (e.g. B gives an item to A and promises if he cannot pay back the money, the item can be sold by A to reclaim money). A duty under contract or law does not count as sufficient consideration
@@paulyeung2544 Thankyou! I believed you are right as further into my lesson my professor actually clarified about that :)
Great job
Which program offered features these crash course videos?
Studicata
A contract is a legal enforceable promise. Restatements of law
The 5P rule: Promissor's Promise Promotes Promisee's Promise
Helpful
Why do I feel like he's about to mention his shadow legends sponsorship
nah, aint seen anything on that yet,....