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Elvis Contract Agreements

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Elvis Contract Agreements
Considering Elvis

Abstract
A contract is formed when the offerer promises to do or not to do something. Acceptance is the offeree agreeing to do what is requested in the offer. An offer may end in several ways, in particular, by the death of the offerer or offeree. In order for the agreement to be effective both parties to contract must give consideration, the offer must be serious, and clearly stated. The promise Elvis Presley made prior to Jo Laverne Alden prior to his death may be enforceable in court by applying the equity doctrine of promissory estoppel. His promise is not supported by consideration but it would be unfair for his estate not to enforce his promise.

Elvis made several gratuitous promises to Mrs. Jo Laverne

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