Andrew agrees to paint Rosalene's house for $500 . Two days after he starts the job, he decides that $500 isn't enough money. He refuses to finish the job, unless Rosalene agrees to pay him $100 more. What principle 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 was already obligated to paint the house. He gives no additional consideration in return for Rosalene's promise to pay more money.
d. Rosalene has made a promise in exchange for a forbearance.
c
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a. True b. False Indicate whether the statement is true or false
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What will be an ideal response?
Why do high-tech firms use a platform and derivative strategy?
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