Fact Pattern 13-2​ Boyd Defends Against a Breach-Of-Contract Suit by College Credit Corporation

question 59

Multiple Choice

Fact Pattern 13-2​
Boyd 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 13-2. 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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Definitions:

Dietician

A healthcare professional specializing in diet and nutrition, helping to promote healthy eating habits and manage dietary concerns.

Calcium

A chemical element with the symbol Ca, an essential nutrient for living organisms, particularly in bone formation.

Solution

The result of solving a problem or equation, often denoting a value or set of values that satisfy the given mathematical conditions.

Inequality

An algebraic relationship indicating that one quantity is larger or smaller than another.