Answer:
Explanation:
This is the famous case of Hamer vs Sidway in which the court decided forbearance is in facr legal consideration and held the contract valid. Here is a summary:
The Court of Appeals reversed and directed that the judgment of the trial court be affirmed, with costs payable out of the estate. Judge Alton Parker (later Chief Judge of the Court of Appeals), writing for a unanimous court, wrote that the forbearance of legal rights by Story II, namely the consensual abstinence from "drinking liquor, using tobacco, swearing, and playing cards or billiards for money until he should become 21 years of age" constituted consideration in exchange for the promise given by Story I. Because the forbearance was valid consideration given by a party (Story II) in exchange for a promise to perform by another party (Story I), the promise was contractually obligated to fulfill the promise.
A contract cannot be formed without an agreement. An agreement starts from a claim or an offer and ends on consideration though on the other hand, a contract has to be able to achieve another target through the agreement with both parties benefitting on the contract.
The quote sure is correct, is this what you needed by discussing on the topic?
D. A security guard. A security contractor is also known as a private military company
Answer:
By mutual understanding and cooperation.
Explanation:
Ethical dilemmas are evaluated by the individual when they work for their own interest and affect the other individual. For example, by taking the credit of other's work. In this example, one individual takes the advantage of the situation which is totally unethical. Such type of ethical dilemmas are resolved by the mutual understanding and cooperation of the two parties. Factors that are involved in creating ethical dilemmas are achieving personal goals and make advantage of a situation for your own profit and interest.
