Which of the following scenarios is likely to be deemed insufficient as consideration?

In contract law, consideration refers to something of value that is exchanged between parties and is essential for a contract to be enforceable. Consideration must be sufficient and must be something that is not already obligated by law.

The scenario involving the performance of an existing statutory duty is likely to be deemed insufficient as consideration because it involves a party fulfilling an obligation that they are already required to perform by law. This means that there is no new consideration being provided, as the duty is already imposed on the individual or entity by statute. Therefore, simply doing what one is legally obligated to do does not constitute a valid consideration for a new contract since it does not create a new legal benefit or a detriment that did not already exist.

In contrast, forbearance of existing rights (the first scenario) can serve as valid consideration, as it involves a party agreeing not to exercise a right they already have. A promise to pay more for a service can also be valid consideration because it reflects a new commitment that goes beyond the initial agreement. Offering a better deal to a customer can be considered as a form of new consideration because it is providing additional benefits or terms that were not part of the original agreement.