LAWS 4175 Lecture Notes - Lecture 11: Corporate Title, The Main Point, Pension
28 Dec 2020
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Plowman v. indian refining co. (past consideration is not) Court/citation: united states district court 20 f. supp. Parties: plowman (plaintiff, main actor in a class action suit brought by 13 people and the administrators of 5 deceased people), indian refining co. (defendant). Procedural history: suit brought to district court against indian for allegedly making separate contracts the pay each of the individual persons. Offer: half of the currently earned wages for the rest of the employee"s natural life. Acceptance: the employee"s calling on the office to for their pay checks each pay day. Consideration: benefit: indian gets to care for their employees/employees are more likely to stay, detriment: uncertain, bargain: half the currently paid wages for the rest of the natural life, exchange: uncertain (picking up the checks at the office?) Facts: on july 28th 1930, plowman theorizes that the general manager and vice president of.
