This question was created from 380.FinalExam.Fall.OL1.2017.docx
This question was created from 380.FinalExam.Fall.OL1.2017.docx https://www.coursehero.com/file/25689305/380FinalExamFallOL12017docx/
What is true about the modified agreement, and the amount owed to Edgar? A. The modified agreement is enforceable because both parties gave legal consideration for the new contract terms: ABC agreed to pay an extra $1000, Edgar agreed to continue to consult for ABC. B. The modified agreement is enforceable because, under the UCC rules, all contract modifications are valid if the parties consent. C. The modified agreement is unenforceable; ABC and Edgar agreed orally to the extra $1000, but there was no written contract covering the new contract terms. D. The modified agreement is unenforceable because both parties did not give new consideration for the contract modification contract.
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