Evaluate the adequacy of consideration


Jesse defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal¾a student loan accruing interest at a certain rate and payable beginning on a certain date ¾ was unfair because the consideration for their contract was inadequate.

A court is most likely to evaluate the adequacy of consideration 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 gross disparity in the value of the consideration exchanged.

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Business Management: Evaluate the adequacy of consideration
Reference No:- TGS0100875

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