Consideration “Fails”

    There are certain promises that are not considered consideration. As a business owner or stakeholder, how can you ensure that your contracts are enforceable? Think back to the Lambert case that we discussed in the Unit 5 Discussion. What should Lambert have done differently? In response to your peers, consider your peers’ response. If they disagree with your response, consider the factual assumptions they have made which form the foundation of their opinion. Can you challenge those assumptions while furthering your discussion? If your responses are similar, consider posing a hypothetical question to test your peer’s conclusions. Regardless of whether you are an attorney arguing in court or a business stakeholder pitching to shareholders or a potential client, adding support for your argument from appropriate resources strengthens your content.  

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