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These questions are from the case Mills v. Wyman A.
These questions are from the case Mills v. Wyman
A. From an efficiency perspective, why should the fact that the good Samaritan performed his part of the exchange before the father promised to pay prevent the court from enforcing the contract?
B. Given the benefits and costs associated with enforcing contracts, what economic rationale supports the above expectations to the general rule of non enforcement of gratuitous promises?
C. What economic rationale supports the enforcement of promises under seal? Many states no longer enforce promises under seal. Is that efficient?
