Examlex
Which of the following questions might be acceptable in an interview?
Adequacy Of Consideration
The fairness of the value exchanged in a contract, though not necessarily equal in monetary terms.
Court
An institution established by the government to settle disputes through a legal process, providing a forum where evidence is presented and legal judgments are made.
Consideration
Something of value (such as goods, services, or money) that is exchanged between parties in a contract, making the agreement legally binding.
Preexisting Duty Rule
A principle in contract law that holds an existing duty does not constitute consideration for a new promise.
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