This is an accord as well as satisfaction and y2k cannot sue

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Reference no: EM1379255

In January Alex promised to pay Y2K Inc. $5,000 if it would exhortation from filing suit against him on a breach of contract action. Y2K agreed as well as accepted a $5,000 check from Alex. Which of the subsequent statements is correct? a. Y2K's promise to catchphrase from suing Alex wasn't supported by legal consideration. b. Y2K's promise to catchphrase from suing Alex was supported by legal consideration and is enforceable. c. This is an accord as well as satisfaction and Y2K cannot sue. d. The courts would apply promissory estoppel in this situation

Reference no: EM1379255

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