Has anyone ever broken a promise to you? Were those promises legally enforceable promises? Why or why not? Be sure to analyze the agreement by checking to see if all elements of contract formation were present. Remember to first determine whether the promise was one governed by the UCC or by common law.

Answer and Explanation:

Yes, there was one time when somebody broke a guarantee. It is a guarantee of getting a reward on return of an administration given. What's more, the guarantee was lawfully enforceable. Here, precedent-based law would be pertinent as the guarantee is identified with an administration and not the clearance of products, which is secured by UCC. To make an agreement enforceable, it is expected to guarantee that an agreement must have it's essential components, for example, - offer, acknowledgment and thought. Here, for my situation, I was offered some $50 as an end-result of an administration given to the offerer.

Despite the fact that there is no composed contract, however an oral contract is as much substantial as it is composed. Along these lines, there is likewise an acknowledgment as I have acknowledged to do the administration and in both side there is a thought as well. Every one of these components make the guarantee legitimately enforceable. As, I haven't got any penny from the offerer after the administration given, it very well may be said that the guarantee which was made before is broken and the individual has ruptured the guarantee contract.