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Subject:
Law, Unilateral Contracts, and Past Consideration
Category: Miscellaneous Asked by: micolita-ga List Price: $40.00 |
Posted:
13 Oct 2006 21:56 PDT
Expires: 14 Oct 2006 10:28 PDT Question ID: 773342 |
In the case of an offer, can A make an offer to B -- for a UNILATARAL CONTRACT -- on March 1, 2000 that if B makes a certain amount of sales from Jan. 2000-Dec. 2000 then B will make 30% commissions on all sales from Jan-Dec. 2000? Specifically, does not the period from January 2000-Feb. 28, 2000 lack consideration (the past consideration rule) and thus even though there is a unilateral K, any commissions earned by B in Jan. and Feb. of 2000 would not be "qualified" for the offer b/c this would represent past considersation? | |
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There is no answer at this time. |
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Subject:
Re: Law, Unilateral Contracts, and Past Consideration
From: myoarin-ga on 14 Oct 2006 04:41 PDT |
Greetings, There are exceptions to the rule of "past consideration", as you can find by scrolling down a little over half way on this site: http://www.answers.com/topic/consideration-under-english-law This could apply in your example - perhaps - if B had made sales in January and February at the request of K, a fact not expressed. This suggests that we have insufficient information to provide a yes-or-no answer, but maybe for your purposes, recognition that there may be exceptions to the rule and the fact that more information is required for an answer is a help. Here is the Wikipedia site on US "past consideration": http://en.wikipedia.org/wiki/Consideration This is a free comment and not an "answer" to your question. |
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