Unformatted text preview: between both sides and accepted when Belinda entered Vanderbilt University, received financial aid in excess of $10,000 and her father paid for the support for a full year. Arthur argues that there was no legal value, as what he was offering to his daughter was gratuitous. He did not receive anything in return, but paid Belinda money that exceeded what her financial aid was offering. Arthur agrees that there was a bargain between and he did keep his end of the deal by paying for her education from 1991-1992. Conclusion No there was no consideration between the Calabro's because, the legal value did not exist. Arthur was offering a gratuitous item (money for Belinda's education) and receiving nothing in return...
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- Spring '11
- Business Law, Bargaining, Financial aid, Vanderbilt University, Arthur Donald Calabro