BSLW1021 Lecture Notes - Lecture 19: Clean Hands, Estoppel, Contract
Document Summary
Legally binding contract: must offer something back to make it a contract: ex. If you give me 5% of the company then i agree to come in and work extra hours: bonus: is that bonus a gift from your boss or is it in your contract. Angel v. murray: contract between newport and trash collector. You will pick up x amount of trash for x amount years . New units were built so the trash collector said that he needed more money for his job. City council agreed to give him extra ,000 a year. Court is just there to enforce the contract. Contract was to collect all the trash in the city and the new 400 units were a part of the city. Some courts say you do need consideration when you have a moderation but will recognize a good faith adjustment . Contract is executory (still has to be in process)
