The presumption that contracts are supported by consideration may be overcome by sufficient evidence.

Question

Quizplus · Accepted Answer

The presumption that contracts are supported by consideration may be overcome if there is sufficient evidence to prove otherwise. For example, if it can be shown that there was no intention to create a legally binding agreement or that the consideration promised was illusory or impossible, the presumption of consideration can be rebutted.

The Presumption That Contracts Are Supported by Consideration May Be