LAW 122 Chapter Notes - Chapter 8: Estoppel

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Consideration must be provided by both parties y consideration: exists when a party either gives (or promises to give) a benefit to someone else or suffers (or promises to suffer) a determinant to itself. Is a promise not to pursue a lawsuit. Past consideration y mutuality of consideration: requires that each party provide consideration in return for the other parties consideration y past consideration: consists of something that a party did before entering into a contract. Pre-existing public duty y person who owes a pre-existing public duty cannot rely upon the obligation as consideration for a new contract y by becoming a public servant a person does not promise to protect citizens around the clock. Firefighters and police officers task she can be held liable twice that includes a higher price y y. Pre-existing contractual obligation owed to the same party.