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Kent Buys Lizzie's House for $100,000, Which Is the Fair

Question 23

Multiple Choice

Kent buys Lizzie's house for $100,000, which is the fair market value of the house. If the contract is later disputed in court, the court is likely to declare Kent's consideration​


A) ​inadequate.
B) ​past.
C) ​legally sufficient.
D) ​illusory.

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