Multiple Choice
Brad 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 12-2. A court is most likely to evaluate the adequacy of consid-era-tion if
A) a thing exchanged has no intangible value to one of the parties.
B) something exchanged is not of direct economic or financial value.
C) the items exchanged were of unequal value.
D) there is a large disparity in the value of the consideration exchanged.
Correct Answer:
Verified
Correct Answer:
Verified
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