Multiple Choice
Fact Pattern 10-2 Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal-a student loan-was unfair because the consideration for the contract was inadequate.
Refer to Fact Pattern 10-2. "Adequacy" of consideration refers to
A) "how much" consideration is given.
B) legally sufficient value in the eyes of the law.
C) the intangible value to a contracting party of a thing exchanged.
D) the substantiality of the consideration exchanged.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Fact Pattern 10-1 Sports Bar and Tasty
Q8: Fact Pattern 10-4 Rex contracts with Spicy
Q13: Business Center Inc. and Catering LLC have
Q16: Marketing Solutions Inc. promises to employ Niki
Q19: Adequacy of consideration refers to "how much"
Q28: Consideration refers to the time that a
Q48: An accord and satisfaction is an agreement
Q59: For an accord and satisfaction to occur,
Q63: Consideration refers to the serious thought that
Q63: Cloud Storage Inc. promises to pay its