Andrew agrees to paint Betty's house for $2,000. Two days after he starts the job, he decides that $2,000 is not enough money. He refuses to finish the job unless Betty agrees to pay him $1,000 more. What law applies to this fact situation

a. The acceptance of additional money to settle a disputed claim is supported by consideration.

b. A past obligation is sufficient consideration for a new promise.

c. Andrew gives no additional consideration in return for modification of a preexisting contract.

d. Betty has made a promise in exchange for a forbearance.

Question

Social Studies

Rashad Potts

17 June, 12:13

Andrew agrees to paint Betty's house for $2,000. Two days after he starts the job, he decides that $2,000 is not enough money. He refuses to finish the job unless Betty agrees to pay him $1,000 more. What law applies to this fact situation

a. The acceptance of additional money to settle a disputed claim is supported by consideration.

b. A past obligation is sufficient consideration for a new promise.

c. Andrew gives no additional consideration in return for modification of a preexisting contract.

d. Betty has made a promise in exchange for a forbearance.

+4

Answers (1)

Know the Answer?

Dobie · Answer 1

i think its a

Explanation:

The Concept of Legal Sufficiency

As suggested in Section 11.1 "General Perspectives on Consideration", what is required in contract is the exchange of a legal detriment and a legal benefit; if that happens, the consideration is said to have legal sufficiency Something of value enough to constitute consideration ...