Excavation Inc. begins digging a foundation for Financial Investment Company under a contract for a certain price. After six months, Excavation demands a higher price because of extraordinary difficulties that were totally unforeseen at the time the contract was formed. An agreement to pay the higher price is
A) enforceable as the consideration is past.
B) enforceable due to unforeseen difficulties.
C) unenforceable as an illusory promise.
D) unenforceable due to the preexisting duty rule.
Correct Answer:
Verified
Q41: Cindy, a real estate agent, sells her
Q44: Rory questions whether there is consideration for
Q51: Bistro Caterers contracts with Corporate Towers to
Q53: A fire threatens to engulf a commercial
Q53: Expo Center Inc. and Festival Music LLC
Q56: Rex contracts with Spicy Pizza to deliver
Q60: Apps Inc. promises to give stock options
Q60: Under a contract with Soybean Farms, Tai
Q62: While sailboarding, Jolie is injured when Kirby
Q66: Dean, the president of Billing & Credit
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents