A debtor owed a lender $$1,500.$ The statute of limitations barred recovery on the claim. The debtor wrote to the lender, stating, $$I promise to pay you $$500$ if you will extinguish the debt.$$ The lender agreed.$$

Is the debtor$$s promise to pay the lender $$500$ enforceable?$$

Group of answer choices

No$,$ because there was no consideration for the debtor$$s promise.

Yes, because the debtor$$s promise provided a benefit to the lender.

No$,$ because the debtor made no promise not to plead the statute of limitations as a defense.

Yes, because the debtor$$s promise to pay part of the barred antecedent debt needs no consideration to be enforceable.