- Joined
- Sep 6, 2001
- Messages
- 657
Hey Tom-
I promise to pay.
I promise to pay.

The BladeForums.com 2024 Traditional Knife is ready to order! See this thread for details:
https://www.bladeforums.com/threads/bladeforums-2024-traditional-knife.2003187/
Price is $300 $250 ea (shipped within CONUS). If you live outside the US, I will contact you after your order for extra shipping charges.
Order here: https://www.bladeforums.com/help/2024-traditional/ - Order as many as you like, we have plenty.
Originally posted by guncollector
Odulus-
You may be correct based upon the assumption that Danbo did in fact in a separate statement "promise to pay" the $500.00. But, he probably didn't. Read on.
After re-reading Danbo's original post I do not see anywhere that he affirms or conveys to the maker in a separate statement a "promise to pay". In his post I only see that a price and delivery time had been agreed-upon (and like most people I would naturally assume this acceptance implies a promise to pay). But, agreeing upon a price does not necessarily nor automatically equate to a "promise to pay"--otherwise acceptance would be part and parcel of consideration, which of course it is not.
It may be splitting hairs (but most legal analysis is just that), but a verbal statement such as, "I promise to pay..." must be made after acceptance of the terms in order to qualify as consideration--it cannot merely be implied in the buyer's acceptance of the terms. Danbo probably didn't bother making such a statement (and generally neither would I), as we all naturally work on the assumption that acceptance of the terms (delivery time and price of the knife) equates a promise to pay.
Ask yourself, how often do you actually verbalize a separate promise to pay when verbally negotiating stuff? It is usually implied in the acceptance, but that is insufficient in a court of law. A typical deal at a show would be like this:
Buyer: "That's a nice knife. I'd like to order one. How much and what's delivery?"
Maker/Seller: "$600.00 in 3 months" [Offer]
Buyer: "How's about $500.00" [Counter-Offer]
Maker/Seller: "That's a bit low, but business is slow. So, okay $500.00" [Offer]
Buyer: "Okay, deal. Here's my number and address." [Acceptance]
Was there promise to pay (consideration) in this typical transaction? No. And, I'd venture to guess most often there is not, as everyone works merely on the implied promise to pay.
Anyway, thanks for bringing up a fun legal point to drivel over. Makes good food for thought at the very least.
Originally posted by JTurner
Hey guys....while you are throwing out all this legal jargon. Don't forget about the pre-existing duty rule.
In certain situations...performance of a pre-existing contractual duty is not consideration. So...if knifemaker had a pre-existing contractual duty to make the knife for $500 under a binding contract. He cannot up the price...he eats it if it costs more than he thought. Even if buyer says OK...I will pay more, knifemaker has given no new consideration. Legally buyer is not obligated and can take the knife and just give knifemaker the $500 and call it a day. This usually applies to service contracts (non UCC) and there are some defenses.
Here there also is a question as to if making a custom knife is a even under the UCC. The issue would be is buying a custom knife a contract primarily for goods (blade,handle,knife) or the service of a custom maker?
It's amazing how in this little scenario brings up so many legal issues. Just thought I would get in on the action.
JT