C Ardc-bb.blackboard.com/webapps/assessment/take/launch.jsp?course_assessment_id=_226866_1&course_id=_37590_1&content_id=_2067302_1&step=null Remaining Time: 1 hour, 18 minutes, 10 seconds. Question Completion Status: QUESTION 13 1 points Save Answer COAL Inc enters into a contract with Santa at the beginning of September to deliver 1 million lumps of coal for the agreed upon price of $50,000 on or before December 20th, 2021. They start making small shipments of coal, and the contract is slowly getting fulfilled. On or about December 51, COAL Inc's supplier's raise the price of coal by 2.5x. It no longer makes financial sense for them to continue on the contract, and they call Santa and explain the situation. Santa, being a nice guy, agrees to pay more money for the outstanding coal, and they finalize this new understanding with a new written agreement made under seal. Both parties have their lawyers present, and both understand the significance of signing under seal. Do they have a valid agreement, and can they enforce the agreement if Santa decides not to pay as agreed? Why or why not? (2 mark) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V Arial V 10pt V V A E E X2 X2 - + ABC V X EX (? +