Obligations enforceable without a bargained-for exchange · Next Generation Bar Exam · Flashcards

QUESTION

Under the Restatement (Second), which two kinds of promises are binding without proof of reliance?

QUESTION

An employer promises a long-time employee a lifetime pension of $500 a month, and she retires in reliance. On what basis may she enforce the promise?

QUESTION

What is the status of a promise to perform a duty that the promisor could avoid, such as a contract made during minority?

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