1 points Save Answer QUESTION 4 "When reviewing a contract, the court will always examine the value of the consideration to make sure that the economic value of the things exchanged are fair." O TRUE O FALSE QUESTION 5 1 points Save Answer "Karen hires Brandon to paint her house and agrees to pay him $5000 upon completing the job to her satisfaction. When Brandon is finished painting, Karen examines the work and is disappointed by the quality of the work. After discussing the matter, Karen and Brandon agree that Karen will pay Brandon $3000 and Brandon will discharge the balance of Karen s debt. This is an example of a O Accord and Satisfaction O Covenant Not to Sue O Promissory Estoppel O None of the above. QUESTION 1 1 points Save Answer "Jessica, a graduate student, is driving home for Christmas and is caught in a snow storm. Fortunately she is taken in by a poor elderly couple who provide her with food and shelter. After the snow plows have cleared the road, Jessica proceeds home to her worried parents. Jessica s father Fred is so thankful for the generosity of the old couple that he calls them and tells them that he will give them $500. Before the Christmas break is over Jessica and Fred have a big argument and Fred decides not pay the $500 to Jessica s new friends. Can the old couple hold Fred liable in contract for the services provided to Jessica?" O Yes O No