bowvalleycollege mgmt1601 business law breach of contract

Sally and Lisa are sisters. Lisa has been accepted into medical school but is worried about how she will pay her expenses. They make an oral agreement over coffee one day that Sally will pay Lisa $500 per month in order to help. Three months later, Sally decides that she would like to start saving for a new car and she tells Lisa that she will no longer provide her with $500 every month. Lisa is considering suing for breach of contract. How likely is it that the agreement will be enforced by the courts and, if it seems unlikely, what could Lisa have done to ensure their bargain was legally binding?
#2 Bill and Joe make a bargain with one another that each of them will give Susan
$75. Review the general rules about consideration and determine whether there is sufficient consideration for this mutual promise to each other to be a legal contract. If Bill and Joe mutually promise to abandon their agreement, can Susan sue them for breach of contract? Why or why not?

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