George Contracted with Bob to Have a Racing Bike Modified

question 16

Multiple Choice

George contracted with Bob to have a racing bike modified for him to be delivered on February 20,2011,for a race on February 22.The price for the modification was agreed on-$100.About February 10,George became nervous about the bike being finished on time and went to see Bob.Bob said that he was very busy,but if he really wanted to be sure that it would be finished on time,George would have to pay him an extra $25 so he could pay his employees overtime.George agreed and Bob completed the modifications as requested,on time.How much does George legally owe?

• A) only $100 because bob had an existing duty to modify the bike and the price was settled
• B) $125 because Bob gave consideration for George's promise to pay the additional $25
• C) $25 because past consideration is no consideration
• D) a reasonable amount only
• E) $100 plus whatever it cost for the overtime

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A research method in which subjects are observed in their natural environment without any manipulation by the observer.

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