Marsha promises to give Dawn $100,000 for her birthday as a gift. Dawn, a college student, gives $75,000 to her favorite charity on credit, expecting to pay the loss down with the birthday money. The birthday rolls around and Marsha gives Dawn $1,000 instead. Marsha explains that she decided $100,000 was one hundred times too much for a birthday present. Dawn sues Marsha for breaking the promise, and wins. How much should Marsha pay in damages?

Multiple Choice

• $24,000
• $75,000
• $74,000
• $100,000
• $99,000