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Fact Pattern 11-1
Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal-a student loan accruing interest at a certain rate and payable beginning on a certain date-was unfair because the consideration for their contract was inadequate.
-Refer to Fact Pattern 11-1. If, as Brad claims, the consideration in this problem is inadequate, it may indicate a lack of
Cheap Land
Refers to land that is available for purchase at a relatively low cost, often due to location, quality, or other factors affecting its desirability.
Immigration
The act of moving to a foreign country to live permanently.
Technological Development
The process of research, innovation, and the implementation of new technologies and processes to increase efficiency, productivity, and quality of goods and services.
Mechanical Reaper
An agricultural machine invented in the 19th century to harvest crops more efficiently, significantly increasing farming productivity.
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