Fact Pattern 11-1
Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal-a student loan accruing interest at a certain rate and payable beginning on a certain date-was unfair because the consideration for their contract was inadequate.
-Refer to Fact Pattern 11-1. If, as Brad claims, the consideration in this problem is inadequate, it may indicate a lack of

Question

Fact Pattern 11-1 
Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal-a student loan accruing interest at a certain rate and payable beginning on a certain date-was unfair because the consideration for their contract was inadequate.
-Refer to Fact Pattern 11-1. If, as Brad claims, the consideration in this problem is inadequate, it may indicate a lack of

Quizplus · Accepted Answer

The concept of consideration is about the bargained-for exchange or mutual assent between the parties. If Brad claims that the consideration is inadequate, it means there was no proper exchange or mutuality of agreement. Therefore, the lack of consideration suggests a lack of mutual assent.