When Will the Court Consider Adequacy of Consideration

question 71

Multiple Choice

When will the court consider adequacy of consideration?

• A) Never.
• B) If the court believes fraud or undue influence occurred.
• C) If the plaintiff petitions the court to consider adequacy of consideration.
• D) If the defendant petitions the court to consider adequacy of consideration.
• E) In every breach of contract case.

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Definitions:

Law Firm

A business entity formed by one or more lawyers to engage in the practice of law.

Service Business

A service business is a type of business that provides intangible products or services to customers, as opposed to selling physical goods.

Tax Preparation

The process of compiling and filing income tax returns in compliance with legal requirements, often involving the calculation of taxes owed or refundable.

Merchandising Business

A business that purchases finished goods for resale, making a profit on the difference between buying and selling prices.