Consideration comes in many forms. Financial exchange is the most common but there are many other ways to demonstrate value when bargaining for consideration. Find an interesting case wherein the consideration did not involve money (Do not use Hamer v. Sidway) but was still seen by the court as "legally bargained for consideration" under contract law. Also explain the difference between a gift or gift promise. Why is it important to understand the difference? What is promissory estoppel?

Consideration comes in many forms. Financial exchange is the most common but there are many other ways to demonstrate value when bargaining for consideration. Find an interesting case wherein the consideration did not involve money (Do not use Hamer v. Sidway) but was still seen by the court as "legally bargained for consideration" under contract law. Also explain the difference between a gift or gift promise. Why is it important to understand the difference? What is promissory estoppel?