Fact Pattern 13-2
Boyd 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 13-2. If, as Boyd claims, the consideration in this problem is inadequate, it may indicate a lack of
A) accord in Boyd's satisfaction with the value of the deal.
B) voluntary consent.
C) flexibility on the part of College Credit to accommodate Boyd's needs.
D) "heft," "substance," or "weight" in the terms of the contract.

Question

Fact Pattern 13-2​
Boyd 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 13-2. If, as Boyd claims, the consideration in this problem is inadequate, it may indicate a lack of
A) ​accord in Boyd's satisfaction with the value of the deal.
B) ​voluntary consent.
C) ​flexibility on the part of College Credit to accommodate Boyd's needs.
D) ​"heft," "substance," or "weight" in the terms of the contract.

Quizplus · Accepted Answer

Boyd's claim that the consideration in the contract is inadequate suggests that he did not give his voluntary consent to the contract. In contract law, a contract requires the mutual assent of both parties, which includes the requirement that each party gives their voluntary consent to enter into the contract. If Boyd did not believe that the consideration provided by College Credit was sufficient, he may not have given his voluntary consent to the contract, which could invalidate the contract.

Fact Pattern 13-2​ Boyd Defends Against a Breach-Of-Contract Suit by College Credit Corporation

Fact Pattern 13-2 Boyd Defends Against a Breach-Of-Contract Suit by College Credit Corporation