Problem
The opinion of Hamer v. Sidley (124 NY 538),
• How does the Exchequer Chamber define "Consideration? How is it different from the Restatement (Second) definition?
• How does the court analyze Consideration?
• Does your analysis of Consideration change if the same facts are applied today, but his uncle knew he smoked marijuana to ease the pain of a debilitating disease prior to making the promise?
• Discuss whether any Consideration substitutes apply to make the contract enforceable.