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Which of the Following Is True Regarding the Adequacy of Consideration

Question 56

Multiple Choice

Which of the following is true regarding the adequacy of consideration?


A) Courts generally consider the adequacy of consideration in determining whether to enforce a contract.
B) Courts consider the adequacy of consideration,but only if something is sold for less than 75% of its market value.
C) Courts consider the adequacy of consideration,but only if something is sold for less than 50% of its market value.
D) Courts consider the adequacy of consideration,but only if something is sold for less than 25% of its market value.
E) Courts seldom consider the adequacy of consideration,but will do so if an item was sold for a low sum in order to avoid claims of creditors.

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