The fact that the consideration supplied by one party is slight when compared with the burden undertaken by the other party is immaterial.

Question

Quizplus · Accepted Answer

In contract law, the concept of consideration refers to what each party gives and receives in a contract. The law does not consider the fairness or equity of the exchange. As long as each party agrees to give and receive something of value, even if the value is different, the contract is considered valid. Therefore, the fact that one party's consideration is minor compared to the other party's burden is immaterial.

The Fact That the Consideration Supplied by One Party Is