Your Business Law Professor Walks into a Regularly Scheduled Class

Multiple Choice

Your Business Law professor walks into a regularly scheduled class today and states that she will not teach class unless each student enrolled in the class pays her $5.00 to teach today. Does consideration exist?

A) Yes. Money has legal value and the service of teaching has legal value.
B) No. While money has legal value, the service of teaching the class is a preexisting duty.
C) No unless all the students agree to pay, some students will be getting a free service.
D) Yes. If students are willing to pay then it is consideration.