23. Industrial Engineering, Inc., promises to give stock options to Jasmine for processes she has already designed for the firm. This promise is enforceable

a. because it is a new contract.

b. because it is an illusory promise.

c. because it is supported by past consideration.

d. under no circumstances.

24. Kate writes a check to Paylee, Inc. in an amount that represents half of her debt to the lender. On the back of the check, Kate includes the words payment in full. Paylee, Inc. agrees to accept the lesser sum and cashes the check. This discharges the entire debt

a. if the debt is liquidated.

b. if the debt is past due.

c. if the debt is unliquidated.

d. under no circumstances.

25. Vanessa, a seventeen-year-old, signs a contract to sell her car to Maroo Used Cars. The next day, Vanessa tells Maroo that shes decided not to sell the car. Vanessa is liable to Maroo for

a. the cost of a car of comparable value.

b. the value of her performance under the contract.

c. the amount of its profit on the deal.

d. nothing.