Larry Thomas, a very, very bright first year law student, agrees to prepare the necessary documents for Jose Marcus to create a Limited Liability Company (LLC) for $800.00. After the LLC is formed, Jose refuses to pay Larry due to Larry's lack of a license to practice law in Guam. Larry then sues Jose for the $800.00 he is owed under the agreement. Under these facts:

Select one:

a.Larry will likely recover under the doctrine of promissory estoppel.

b.Larry will not prevail as the license requirement is a regulatory statute.

c.Larry will prevail as the license requirement is merely a revenue raising statute.

d.Larry will prevail if the case lasts long enough for Larry to obtain his law degree and license to practice law.