James Had a Contract with Frasier to Fix a Plumbing

question 6

Multiple Choice

James had a contract with Frasier to fix a plumbing issue at Frasier's home. The contract was made for $3,000. After the work was completed, Frasier then refused to pay anything unless James agreed to accept $2,500. James's attempt to make a new contract is void because it lacks consideration under the ________ concept.

• A) illegal consideration
• B) gift promise
• C) past consideration
• D) preexisting duty

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Definitions:

Existential Intelligence

An aspect of intelligence involving the capacity to ponder profound questions about life, existence, and the cosmos.

Fluid Intelligence

Independent from known knowledge, the skill to apply logical thinking and resolve unfamiliar issues.

Crystallized Intelligence

The ability to use skills, knowledge, and experience, which tends to increase with age.

Interpersonal Intelligence

The ability to understand and interact effectively with others, often considered a key component of emotional intelligence.