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Source Promissory Estoppel Promissory Estoppel Matched to this deck.

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A customer slipped near a grocery-store freezer and injured her wrist. The store denied fault, but the customer had a photograph of melted ice and a witness who said the ice had been on the floor for at least 20 minutes. Before filing suit, the customer agreed in writing not to bring any claim against the store in exchange for $6,000. The store later refused to pay, arguing that the customer might not have proven negligence.
Which statement best describes consideration for the settlement?

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The settlement is supported by consideration only if the customer agrees to buy goods from the store. The settlement lacks consideration unless the customer had already filed a lawsuit before settling. The settlement is supported by consideration if the customer honestly and reasonably believed the claim was valid or the claim was doubtful. The settlement lacks consideration because forbearance to sue can never be consideration.

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