Big Company owed Struggling Company $50,000.Because officials at Big Company knew that Struggling Company was having significant financial problems,the president of Big Company told the president of Struggling Company that Big Company would only pay $25,000 in satisfaction of the debt.The president of Big Company knew that Struggling Company lacked sufficient assets with which to hire a lawyer and sue.Struggling Company did accept the $25,000 in settlement of the debt and signed a release.A few months later,Struggling Company's financial position improved.The president of Struggling Company would like to sue Big Company for the remaining sums.What theory represents Struggling Company's best chance to prevail,and what elements must be proven under that theory?

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The Answer of Big Company owed Struggling Company $50,000.Because officials at Big Company knew that Struggling Company was having significant financial problems,the president of Big Company told the president of Struggling Company that Big Company would only pay $25,000 in satisfaction of the debt.The president of Big Company knew that Struggling Company lacked sufficient assets with which to hire a lawyer and sue.Struggling Company did accept the $25,000 in settlement of the debt and signed a release.A few months later,Struggling Company's financial position improved.The president of Struggling Company would like to sue Big Company for the remaining sums.What theory represents Struggling Company's best chance to prevail,and what elements must be proven under that theory?

Big Company Owed Struggling Company $50,000