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Question
On October 29, 1989, Al Glitz agrees to paint Georgia's house during the Thanksgiving week for $4,000 in exchange for Georgia's promise to pay him $4,000 in cash immediately upon completion of the work. Which of the following statements is true with regard to this case?
A. Georgia could hire another painter on October 31 without legal liability to Al because until he has painted the house, he has not given any consideration for Georgia's promise to hire him.
B. Al could back out of the deal on October 31 without legal liability to Georgia because she has not given any consideration for Al's promise to do the work until she pays him.
C. Both parties are bound on October 29 because each has given consideration for the other's promise, and neither may back out without legal liability.
D. Al could back out of the deal on October 29 without legal liability if he could prove that $4,000 was inadequate consideration to paint Georgia's house.
Answer
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