Vince offers to buy a book owned by Sun-Hi for twice what Sun-Hi paid for it.She accepts and hands the book to Vince.Sun-Hi's delivery of the book is
A)not consideration because its transfer is a preexisting duty.
B)not consideration because its exchange is not a bargain.
C)consideration.
D)not consideration because its value is legally insufficient.

Question

Quizplus · Accepted Answer

Sun-Hi agreeing to sell the book to Vince for twice the amount she paid for it is a bargain, and therefore constitutes consideration. The fact that Sun-Hi already possessed the book does not negate the fact that she provided something of value to Vince in exchange for his payment.

Vince Offers to Buy a Book Owned by Sun-Hi for Twice