Multiple Choice
Fact Pattern 12-1
Teatro Restoration, Inc., begins renovating an old theater for Urban Edge Productions, but after three months Teatro demands an extra $250,000. Urban Edge agrees to pay.
-Refer to Fact Pattern 12-1. If Teatro offers no reason for the extra $250,000, but says only that it will stop work if it is not paid, the agreement is
A) enforceable as the consideration is past.
B) enforceable because of unforeseen difficulties.
C) unenforceable as an illusory promise.
D) unenforceable due to the preexisting duty rule.
Correct Answer:
Verified
Correct Answer:
Verified
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