Ricky signs a 2-year contract to play basketball for the Jolters,for $100,000 per game.Right before a big game,Ricky goes to the owner and says that he will not play unless the owner pays him an additional $5,000 per game.The owner,being desperate,agrees.Now that the season is over,Ricky demands his additional compensation,but the owner refuses to pay.Ricky sues.Most likely:

Question

Quizplus · Accepted Answer

Ricky was already under a prior duty to play basketball for the Jolters under the initial contract. A modification to a contract requires new consideration to make it enforceable. In this case, there is no new consideration on Ricky's part to warrant the additional $5,000 per game, and therefore the modification is not valid. The owner will likely win the lawsuit.

Ricky Signs a 2-Year Contract to Play Basketball for the Jolters,for