CONTRACTS - EFFECT OF AGREEMENT THAT INSTRUMENT SHALL BE WITHOUT LEGAL EFFECT

Authors

Abstract

Defendant gave one of its employees a certificate stating that in case of the death of the employee while still in defendant's employ, defendant would pay to the beneficiary designated by the employee a stated sum of money. The certificate contained this further provision: "The issue and delivery of this certificate is understood to be purely voluntary and gratuitous on the part of this Company and is accepted with the express understanding that it carries no legal obligation whatsoever or assurance or promise of future employment, and may be withdrawn or discontinued at any time by this company." In a suit by the beneficiary on this certificate, held, that the beneficiary could recover. Mabley & Carew Co. v. Borden, 129 Ohio St. 375, 195 N. E. 697 (1935).

Recommended Citation

CONTRACTS - EFFECT OF AGREEMENT THAT INSTRUMENT SHALL BE WITHOUT LEGAL EFFECT, 34 Mich. L. Rev. 129 (1935).
Available at: https://repository.law.umich.edu/mlr/vol34/iss1/17