Od The offeror dies Clear my choice on 10 Elias agreed to build a wooden bar for his neighbour, Peter, for the price of $60,000. Midway through the project, Elias discovered that the cost of the beams had increased by $7000. He approached Peter asking if Peter would pay this additional fee. Peter replied that he would split the difference and pay only an additional $3500. Elias finished the project and Peter paid him only $60,000. Which of the following statements correctly describes Elias's current legal position? dou Select one O a Elias can successfully sue for the outstanding $3500 since Peter verbally agreed to pay that sum. O b. Elas cannot successfully sue for the outstanding $3500 because the promise to pay more was not put in writing O c. Elias cannot successfully sue for the outstanding $3500 since no new consideration was offered in exchange for the promise of additional cash Od Elias can successfully sue for the outstanding $3500 because he completed his end of the bargain. evious page Next page DOLL F F5 FO FZ FB FO F10 F11 F12 A 3 $ 4 c % 5 Jw 5 7 B 2 9 3 Oy E R. T o 5 Od The offeror dies Clear my choice on 10 Elias agreed to build a wooden bar for his neighbour, Peter, for the price of $60,000. Midway through the project, Elias discovered that the cost of the beams had increased by $7000. He approached Peter asking if Peter would pay this additional fee. Peter replied that he would split the difference and pay only an additional $3500. Elias finished the project and Peter paid him only $60,000. Which of the following statements correctly describes Elias's current legal position? dou Select one O a Elias can successfully sue for the outstanding $3500 since Peter verbally agreed to pay that sum. O b. Elas cannot successfully sue for the outstanding $3500 because the promise to pay more was not put in writing O c. Elias cannot successfully sue for the outstanding $3500 since no new consideration was offered in exchange for the promise of additional cash Od Elias can successfully sue for the outstanding $3500 because he completed his end of the bargain. evious page Next page DOLL F F5 FO FZ FB FO F10 F11 F12 A 3 $ 4 c % 5 Jw 5 7 B 2 9 3 Oy E R. T o 5