Sameer promises his uncle, Farouk, that he will study every day and earn straight A$\text{'}$s during the spring semester in exchange for having his tuition paid for the fall semester. Farouk agrees, but after Sameer studies all semester and receives straight A$\text{'}$s$.$ Farouk refuses to pay, saying that no such contract ever existed. Which of the following is true?

Multiple Choice

There was consideration present, but Farouk is not required to pay because the contract was illusory.

There was no consideration present, and Farouk has no obligation to pay.

There was consideration present, but Farouk is not required to pay because he did not receive a benefit personally.

There was no consideration present, but Farouk must pay under principles of promissory estoppel.

Consideration was present, there was an enforceable contract, and Farouk has wrongfully refused to pay