Darryl Vaughn

Social Studies

12 February, 00:32

Lou enters into an agreement with LaFancy Inc., an event management company, to coordinate her wedding in June for the sum of $10,000. In March, Lou calls LaFancy to tell the company the deal is off, because she thinks she can do a better job herself. LaFancy sues Lou, and Lou argues lack of consideration as a defense. Which of the following statements holds true of this scenario?

A. LaFancy has given consideration.

B. LaFancy had a legal duty to plan Lou's wedding even before the agreement was signed.

C. Lou can enforce LaFancy's promise to her.

D. Lou was the only promisor in this contract.