Question

The Pirates of Penzance Company promised to give Blackbeard permanent employment. Blackbeard made a living sailing on his 52-foot yacht. After thinking about the offer for two weeks, Blackbeard sold his yacht at a loss to take the job. Shortly after beginning work, he was discharged by The Pirates of Penzance, which claimed that the contract could be terminated at will. Blackbeard claimed that promissory estoppel prevented the company from terminating the contract. What is consideration, and was there consideration in this situation? Was Blackbeard correct when he claimed that promissory estoppel prevented The Pirates of Penzance Company from terminating the contract?

Answer 1

consideration in this situation

Consideration can be seen as the legal detriment which every party in a certain contract has to provide in exchange for either party involved in the contract receives some advantages as described by the contract and summarized as "bargain-for exchange"

was there consideration in this situation?

YES,

As we know that in case of a consideration, something of a certain value has to be provided to other party by one party in the contract to receive some kind of advantages as promised by the other party, thus in the case mentioned, the sailing job is given by Blackbeard so that he can have a permanent job from Pirates of Penzance Company. Blackbeard considered of selling his boat at a loss once he was promised by Pirates of Penzance Company.

Was Blackbeard correct

.

Yes, the position of Blackbeard was right when he claimed that promissory estoppel restricted Pirates of Penzance Company from terminating him from the job or revoking the employment contract.

The promise made by the company is enforceable by the law as after receiving the promise from the company, Blackbeard decided to sell his boat at a loss to get a permanent job and thus there are good chances of winning him the case due to promissory estoppel