Tom tells Peter that if Peter splits and stacks his firewood he will give Peter $25. After Peter begins, Tom realizes t

[answerhappygod]

Tom tells Peter that if Peter splits and stacks his firewood he
will give Peter $25. After Peter begins, Tom realizes that
the job is not going to take very long and tells Peter he has
changed his mind and will only pay him $15 to do the job.
Which of the following is true?
A. Tom has modified the original contract.
B. Tom's offer became irrevocable after Peter started to do the
job.
C. Tom and Peter have entered into a bi-lateral contract.
D. None of the above are true.
Felix is very fond of his neighbor, Lois. He sends Lois
the following written statement, "When you turn 30 years of age, I
will transfer title to my sailboat to you." When Lois turns 30 she
shows Felix the written statement and asks him to follow through
with the title transfer. Felix refuses and Lois sues.
The court will most likely:
A. specifically enforce the
agreement.
B. award Lois the market value of the sailboat.
C. not enforce the agreement because it was a voidable
contract.
D. not enforce the agreement because it lacks consideration.