Discussion 2

How does this doctrine act as an exception to the elements and requirements of a contract? A contract is a legally enforceable agreement that is created when two or more competent parties agree to perform, or to avoid performing, certain acts that they have a legal right to do and that meet certain legal requirements. (Liuzzo, 2012) Basically, a contract is mutually beneficial. One party gives up something in return for something they need from the other party and vice versa, simultaneously. I am buying a car, and the car salesman needs money. I have what he needs and he has what I need. On the other hand, a promise can be made for anything, it doesnt have to follow the rules of a contract. I can promise you something and you may not have to give me anything in...