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George also realizes that he needs cash for his start-up costs. He tells his rich Aunt Linda that he needs money for school. She says okay but then finds out about the invention and refuses to write George a check. George sues his Aunt for breach of contract. In 150 - 250 words, using the defenses to contract article within the Judicial Education Center in the required readings Using only the material found in the required readings, in 150 - 250 words , discuss two possible defenses that may be available for Aunt Linda.
There is also a lack of consideration for Aunt Linda. Aunt Linda receives nothing from this contract. This money this financing that Aunt Linda has agreed to give George is in fact considered a gift. A contract requires a reciprocal arrangement where both parties receive something for their efforts. It does not necessarily have to be even but you have to get something out of it. Performance of the contract has become impossible or the purpose of the contract has become frustrated. Lack of consideration Hasl-Kelchner, Hanna. (2006). The business guide to legal literacy: what every manager should know about the law. [Books24x7 version]

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