Martindale v sandvik inc 173 nj 76 800 a2d 872 2002

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Martindale v. Sandvik,  Inc.,   173 N.J. 76, 800 A.2d 872 (2002) (the creation of an employment rela- tionship, which occurs when an employer agrees to consider hiring or agrees to hire an applicant for employment, was sufficient consideration to uphold an arbitration agreement contained in the em- ployment application). Oscar v. Simeonidis,   352 N.J.Super. 476,  800 A.2d 271 (A.D. 2002) (a modification to a commercial lease, which changed the method for determining rent during the lease renewal period, was supported by consideration: “the parties adopted a formula that would permit them and any other interested person to determine the rental upon renewal of the lease by reference to objective, readily ascertainable criteria. This is itself valuable consideration sufficient to sustain the modification because the mutual agreement to abide by such a formula has the capacity to remove an element of uncertainty from the parties’ future legal relationship”). England v. O’Flynn,   __ Ohio App.3d __, __ N.E.2d __ (2 Dist. 2002) (a physician’s breach of an ob- ligation in an agreement with another physician caused a failure of consideration, which excused the non-breaching physician from reimbursing the breaching physician for the amount of a promissory note).
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CHAPTER 12:  CONSIDERATION           239 B. B ARGAINED - FOR  E XCHANGE The consideration given by the promisor must induce the promisee to offer a return promise, per- formance, or forbearance, which must induce the promisor to make the promise. This element of bargained-for exchange distinguishes contracts from gifts. C ASE  S YNOPSIS Case 12.2: Barfield v. Commerce Bank, N.A. James and Chris Barfield, African-American men, were refused change for $50 and $100 bills at a branch of Commerce Bank in Wichita, Kansas, on the ground that they did not have accounts with the bank. The next day, John Polson, a white man, made the same request and was given change without being asked whether he had an account. The Barfields filed a suit in a federal district court against the bank, alleging discrimination on the basis of race in the impairment of their ability to contract. The court dismissed the suit. The Barfields appealed t. The  U.S. Court of Appeals for the Tenth Circuit  reversed and remanded.  Under federal law, all persons in the United States have the same right to make a contract as “whit citizens.” The Barfields’ request for change was a contract offer “in the same way as an offer to purchase doughnuts or apple juice.” The bank asserted that there was no consideration in such an exchange. But the Barfields “would
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