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7 October, 14:15

Upon graduating from college, Kathy announced her plans to enter law school the following fall and to marry Rick in December. Kathy's father was afraid that marriage during her first year in law school might cause her to fall behind in her studies or cause her to drop out of school. He called Kathy and promised her $10,000 if she postponed her wedding until after completion of her first year of law school. Kathy agreed and postponed the wedding for a year. Kathy successfully completed her first year of law school, but soon thereafter, Kathy's father died. The administrator of her father's estate claimed she was not entitled to the $10,000 because there was no consideration for her father's promise. If Kathy sues the estate, she will probably be:

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  1. 7 October, 14:21
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    The correct answer is successful because there was consideration

    Explanation:

    A consideration is called the exchange of anything of value. Most of the time, it has to do with goods and services or promised in a contract. It is whatever the parties agree to. This contract is sufficient to render the promise enforceable in front of a judge. In this case, it had a voluntarily exchanged for an act, benefit, interest, and promise.
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