Reilley wants to open a McHenry Roast Chicken franchise in her hometown of Manchester. Arden, a representative of McHenry, told Reilley, "If you will buy a lot and build a building in River City, we will give you a franchise." Reilley bought the lot and built the building as instructed, only to discover that McHenry had awarded the franchise to someone else. McHenry claims no liability to Reilley

since there was no consideration. Which statement is most accurate?
A) McHenry is not liable to Reilley since there is no consideration.
B) McHenry is not liable to Reilley since there is past consideration.
C) McHenry is liable to Reilley since adequate consideration is given by both parties.
D) McHenry is liable to Reilley based on the concept of promissory estoppel.


D

Business

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