Fact Pattern 8-2
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 considera?tion for their contract was inadequate.
-Refer to Fact Pattern 8-2."Adequacy" of consideration refers to
A) "how much" consideration is given.
B) legally sufficient value in the eyes of the law.
C) the intangible value to a contracting party of a thing exchanged.
D) the substantiality of the consideration exchanged.
Correct Answer:
Verified
Q50: Royal Properties,Inc. ,mails a flyer to hundreds
Q52: Geof offers to sell his Honda for
Q54: Marco promises to pay his assistant Naomi
Q56: Craig decides to sell his Double-C Ranch
Q57: Ritzy Property,Inc. ,offers to sell a warehouse
Q58: Quix Fix-It,Inc. ,offers Polly a job as
Q59: Callie owns two trucks.She offers to sell
Q60: Baked Stuff Company agrees to supply Comida
Q60: Quality Steel Corporation files a suit against
Q60: Fact Pattern 8-1
Dave's Hobby Town and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents