Fact Pattern 10-1
Bridey defends against a suit for breach of contract by Continental Mortgage Company by claiming that their deal-a mortgage loan secured by Bridey's purchase of a house-was unfair because the consideration for their contract was inadequate.
-Refer to Fact Pattern 10-1. If, as Bridey claims, the consideration for this contract is inadequate, it may indicate a lack of
A) market value for Bridey's house.
B) voluntary consent to the contract on Bridey's part.
C) appraisal by a third party on behalf of Continental.
D) standards for the granting of credit on Continental's part.
Correct Answer:
Verified
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