Our Forbearance - For Money?
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Did you know that under contract law, you may have a right to demand payment, compensation or consideration for things you have agreed not to do (often called an act of forbearance)?
Consider the nationally recognized case of Hamer v. Sidway, N.Y. Ct. App., 124 N.Y. 538, 27 N.E. 256 (1891). In this case an uncle promised his nephew that if the nephew refrained from drinking, swearing or gambling until age 21, the nephew would receive $5,000. This was in fact, a contractual relationship. In this case, even though the uncle never lived to see the nephew’s 21st birthday, the nephew lived up to his side of this bargain and was able to recover the $5,000 from the estate of his uncle.
Why Do We Keep Promises?
About Unconscionable Contracts
Call 484-716-0543
Fax 215-392-3357
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