Asked by
Chang Danny
on Nov 23, 2024
Verified
Pashi promises, in an unsigned note, to give Neve, her daughter-in-law-to-be, the family jewellery and some share certificates worth $100,000 on the day she marries Pashi's son. If she does not do so, Neve can enforce the agreement since it is evidenced in writing and she, by marrying, gave Pashi consideration for her promise.
Unsigned Note
A note or document that lacks the signature of the party or parties involved, potentially affecting its legal enforceability.
Consideration
The value (such as money, services, or goods) that is given in exchange for a contractual promise or action.
- Understand the ability to enforce agreements impacting third parties not documented in writing as per the Statute of Frauds.
Verified Answer
CS
Learning Objectives
- Understand the ability to enforce agreements impacting third parties not documented in writing as per the Statute of Frauds.