Adequate consideration for the old laptop


Problem: Jungback decides to purchase a new laptop and agrees to sell his old laptop to Shizuka for $200. When he goes to the computer retailer he learns that his old laptop would have saved him $900 with a trade in deal on a new model. He now wishes to cancel his agreement with Shizuka on the basis $200 is not adequate consideration for his old laptop.

Advise Jungback.

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Business Law and Ethics: Adequate consideration for the old laptop
Reference No:- TGS03217045

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