Question 1 - John operates a motorcycle repair shop from his home but finds that his business is limited by the small size of his garage. Driving by a neighbor’s property, he notices a for-sale sign on a large, metal-sided garage. John contacts the neighbor and offers to buy the building, hoping that it can be dismantled and moved to his own property. The neighbor accepts John’s payment and makes a generous offer in return: if John will help him dismantle the garage, which will take a substantial amount of time, he will help John reassemble it after it has been transported to john’s property. They agree to have the entire job completed within two weeks.
John spends every day for a week working with his neighbor to disassemble the building. In his rush to acquire a larger workspace, he turns down several lucrative repair jobs. Once the disassemble building has been moved to John’s property, however, the neighbor refuses to help John reassemble it as he originally promised.
Are the basic elements of consideration present in the neighbor’s promise to help John reassemble the garage? Why or why not?
Suppose that the neighbor starts to help John but then realizes that, because of the layout of John’s property, putting the building back together will take much more work than dismantling it took. Under which principle might the neighbor be allowed to ask for additional compensation?
Question 2 - Flossy promises to pay her cousin Garth, who is dangerously obese, $10,000 if Garth loses 100 pounds within the next two years. Garth agrees, performs his part of the bargain, and asks for the money. Flossy refuses to pay, saying that she forgot about the deal, but that even if she did make such a pledge, there was no valid consideration for it. Garth files a suit against Flossy. In whose favor is the court likely to rule, and why?
Discussion Questions so a paragraph thoroughly answering the question will suffice. APA style in text and at least 2 references
http://www.saylor.org/site/textbooks/Business%20Law%20and%20the%20Legal%20Environment.pdf —– Chapters 8-11