Multiple Choice
James had a contract with Frasier to fix a plumbing issue at Frasier's home. The contract was made for $3,000. After the work was completed, Frasier then refused to pay anything unless James agreed to accept $2,500. James's attempt to make a new contract is void because it lacks consideration under the ________ concept.
A) illegal consideration
B) gift promise
C) past consideration
D) preexisting duty
Correct Answer:

Verified
Correct Answer:
Verified
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