"A Promise to Perform a Pre-Existing Contractual Obligation Cannot Provide

question 31

Essay

"A promise to perform a pre-existing contractual obligation cannot provide consideration for a new contract.That rule is based on the fact that it would be undesirable if party A could threaten to break an existing contract in order to get party B to enter into a second agreement at a higher price." Is that statement true: (i)if the existing contract was created between A and B,or (ii)if the existing contract was created between A and C? In each instance,provide two reasons for your answer.

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Definitions:

Child Sexual Abuse

Involves a child engaging in sexual activities that they cannot comprehend, for which they are not developmentally prepared and cannot give consent, or that violate the laws or social taboos of society.

Perpetrator

An individual who commits a harmful, illegal, or immoral act.

Limbic System

A complex system of nerves and networks in the brain, involved in instinct and mood control, as well as basic emotions such as fear and pleasure.

Prefrontal Cortex

The region of the brain situated in the anterior portion of the frontal lobe, linked with advanced cognitive functions, the manifestation of personality, the process of making decisions, and the regulation of social conduct.