Question

Samuel promises Olivia $40,000 if she graduates from UCO. Olivia enrolls in UCO, attends full-time for four years, and graduates. When Olivia asks Samuel for $40,000, Samuel says, "I don’t re­member promising you $40,000. But if there was a promise, it’s not enforceable, because we didn’t bargain for it. And even if there was a prom­ise that would otherwise be enforceable, I revoke it now."

Can Olivia en­force Samuel’s "prom­ise?" Why or why not? Explain your answer thoroughly using logic and the information you learned in your textbook and Online lectures. Cite any information that you did not originate.

Answer 1

No, Olivia cannot enforce Samuel's promise for $40,000. In contract law, for a promise to be enforceable, there must be a valid contract, which typically requires an offer, acceptance, consideration, and an intention to create legal relations.

Step-by-step explanation:

No, Olivia cannot enforce Samuel's promise for $40,000. In contract law, for a promise to be enforceable, there must be a valid contract, which typically requires an offer, acceptance, consideration, and an intention to create legal relations. In this case, Samuel argues that there was no valid contract because there was no bargaining or consideration, and he also revokes the promise. Based on these arguments, Olivia would not be able to enforce the promise.