Multiple Choice
Marilyn contracted with Bravo Builders to build an addition to her house for $15,000.After digging the foundation,Bravo decides that it will take more work and more concrete than it had originally thought and that it will need to charge an additional $5,000 for the job.Assuming Marilyn agrees,which of the following is correct?
A) Marilyn will have to pay $20,000.
B) This is a contract under seal which is enforceable.
C) This is a modification of a preexisting contract,which under common law must be supported by additional consideration on the part of Bravo Builders.
D) This is the settlement of a disputed debt that requires no additional consideration on the part of Bravo Builders.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: Payton promises to sell to Candice an
Q57: A liquidated debt is an obligation the
Q58: An agreement to sell the entire production
Q59: Andrew agrees to paint Betty's house for
Q60: The central idea behind consideration is that
Q62: Otherwise illusory promises may be transformed by
Q63: The Abbot Corporation contracts with the Baker
Q64: In a unilateral contract,a promise is exchanged
Q65: In which of the following situations will
Q66: An illusory promise has the form of