During the lawsuit against Inky, and before the court made a decision on Levi's breach of contract claim, or Inky's motion to send the case to arbitration, Levi send Inky and email as follows: "I'm so sick and tired of lawsuits and all of this mess. I tell you what. If you promise to pay me $20,000 within 30 days, you can keep the business, I will dismiss this lawsuit, and I will forgive the remaining payments under our original agreement." Inky felt that Levi's email was an offer he could not refuse, so he wrote back later that night and said "It's a deal."

If Levi tries to disavow the settlement agreement, how will the court likely rule? 0 The court will not allow him to disavow the agreement because he made an offer, Inky accepted, and the agreement had consideration. 0 The court will allow him to disavow the agreement based on nancial duress. O The court will allow him to disavow the agreement because Inky had a preexisting contractual duty to pay Levi the monthly installments, and so his promise to sell the business for only $20,000 lacked consideration. 0 The court will not allow him to disavow the agreement based on unjust enrichment. D Question 30 2.5 pts If Inky tries to disavow the settlement because he couldn't get a loan to fund the $20,000 payment, how is the court likely to rule? 0 The court will not allow him to disavow the agreement because Levi made an offer, Inky accepted, and the agreement had consideration. Q The court will allow him to disavow the agreement because he was a minor when the original agreement was executed, and minors make impulsive decisions. 0 The court will allow him to disavow the agreement because Levi had already sold him the business for installments stretched over 5 years, and so his promise to pay $20,000 within 30 clays lacked consideration. 0 The court will not allow him to disavow the agreement because Levi had unequal bargaining power to Inky, and that would be inequitable