In January,Alex Promised to Pay Y-K Inc

question 30

Multiple Choice

In January,Alex promised to pay Y-K Inc.$5,000 if it would refrain from filing suit against him on a breach of contract action.Y-K agreed and accepted a $5,000 check from Alex.Which of the following statements is correct?

• A)Y-K's promise to refrain from suing Alex was not supported by legal consideration.
• B)Y-K's promise to refrain from suing Alex was supported by legal consideration and is enforceable.
• C)This is an accord and satisfaction,and Y-K cannot sue.
• D)The courts would apply promissory estoppel in this situation.

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Definitions:

Sigma Bonds

The strongest type of covalent chemical bond, formed by the direct overlap of atomic orbitals, with the electrons shared in an area centered on a line running between the nuclei.

Pi Bonds

Covalent chemical bonds formed by the side-to-side overlap of atomic orbitals, allowing for electron sharing in double and triple bonds.

Hybridization

A concept in chemistry that describes the mixing of atomic orbitals into new hybrid orbitals, suitable for the pairing of electrons to form chemical bonds.

Atom

The basic unit of a chemical element, consisting of a nucleus of protons and neutrons, with electrons orbiting this nucleus.