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12. Merone, Inc. took the following actions regarding its employees: (a) Merone agreed to pay Monika a $5000 bonus for extra services that Monika voluntarily

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12. Merone, Inc. took the following actions regarding its employees: (a) Merone agreed to pay Monika a $5000 bonus for extra services that Monika voluntarily performed the previous year; (b) Merone agreed to pay Riddhik a $1000 bonus in exchange for his promise not to breach an existing contract with Merone; and (c) Merone refused to perform a one-year contract with Hung because Merone had contractually agreed to pay Hung $30,000 pursuant to this contract, but his services were only worth$15,000. Please answer the following questions regarding these agreements. The emphasis for each question is whether or ot the \"consideration\" element is satisfied. Bus 18, Midterm Exam #3 Page 6 of 7

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