Nancy$$s car collides with Randy$$s truck at an intersection. Randy believes the accident is his fault and asks Nancy if she will agree to a settlement of $$5,000$ for the damage to her vehicle and her promise not to sue him. Nancy believes the accident is her fault, but agrees to Randy$$s proposal anyway. Which of the following statements is true?

Nancy$$s forbearance amounts to consideration because Randy has a moral obligation.

Nancy$$s forbearance does not amount to consideration because she does not have a good faith belief in the validity of her claim against Randy.

Nancy$$s forbearance does not amount to consideration because Randy$$s promise is illusory.

Nancy$$s forbearance amounts to consideration because she has a good faith belief in the validity of her claim against Randy.