Business, 27.09.2019 03:10 dantedelafuente

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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In january, alex promised to pay y-k inc. $5,000 if it would refrain from filing suit against him on...