Read the case below and answer the questions based on the concept of Contract and Consideration. Do some research and understand some more information about the Contract and Consideration to give more details in the analysis. 1.5-2 pages, double space paper.
John Harrington, Jr. ("Junior") is a 24-year-old, 3-pack-per-day smoker. John Harrington, Sr. ("Senior") is a very concerned parent. On January 1, father announces to son, "Junior, if you will stop smoking for the entire year, I will pay you $5,000."
Senior believes that if Junior will stop smoking for one year, he will " kick the habit." Junior reluctantly accepts his father's terms, and extinguishes his half-smoked cigarette with the heel of his boot.
On January 1 of the following year, Junior approaches Senior and says " Dad, time to pay up." Senior has no reason to doubt that Junior has refrained from smoking for an entire year, but states "Son, this was for your benefit.
The gift I have given you is the gift of life, and you are now likely to enjoy that gift longer, because you are now much less likely to contract cancer. Health statistics show that non-smokers live ten years longer than smokers. Enjoy your newfound life, but I will not pay you the $5,000."
Does Senior owe Junior the $5,000? Is there an enforceable contract between father and son? If there is not an enforceable contract, does Junior have any other legal or equitable theory of recovery? Is Senior ethically obligated to pay Junior the $5,000?
Answer all questions completely and please keep answers to a few paragraphs as that should be more than enough content to properly respond.