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What Does "Adequacy of Consideration" Mean in Contract Law? Do

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What does "adequacy of consideration" mean in contract law? Do courts care if consideration is adequate?


Definitions:

Largest Data Values

Refers to the highest or maximum values in a given dataset.

Smallest Data Values

The minimum value within a set of numbers, indicating the lowest point in a data set.

Coefficient of Variation

A statistical measure of the dispersion of data points in a data series around the mean, expressed as a percentage of the mean.

Median

The middle value in a set of data, arranged in ascending or descending order, or the average of the two middle values if there is an even number of observations.

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