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A contract needs a couple of things in order to be valid: 1. A meeting of minds i.e. both parties agree on something. 2. Consideration; usually money. (This i
by chrisbennet 10y ago
A contract needs a couple of things in order to be valid:
1. A meeting of minds i.e. both parties agree on something.
2. Consideration; usually money. (This is why you sometimes see donated things sold for a dollar.)
When faced with signing a new contract that asks for more of something, I'd recommend asking for consideration of some sort. (1)
"Oh, new contract? Let's talk about my new salary."
(1) At least if you're an in-demand software developer.
- danielweber 10y agoContinued employment counts as consideration in many states.
- chrisbennet 10y agoThe old "I won't beat you up if you stop seeing my sister." "consideration". But you make a good point that I wasn't aware of. That's why it only works if you're in a field like software development where you have some leverage.