Which of the Following Is True Regarding the Adequacy of Consideration

question 23

Multiple Choice

Which of the following is true regarding the adequacy of consideration?

• A) Courts generally consider the adequacy of consideration in determining whether to enforce a contract.
• B) Courts consider the adequacy of consideration only if something is sold for less than 90% of its market value.
• C) Courts consider the adequacy of consideration only if something is sold for less than 80% of its market value.
• D) Courts consider the adequacy of consideration only if something is sold for less than 70% of its market value.
• E) Courts seldom consider the adequacy of consideration but will do so if fraud is involved.

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Definitions:

Intelligent

The ability to learn, understand, and apply knowledge and skills, and to adapt to new situations through reasoning and problem-solving.

Assertive

A communication style characterized by confidently expressing one's needs and opinions in a respectful and direct manner.

Passionate Love

An intense emotional state characterized by a deep desire for union with another person, often accompanied by physiological arousal.

Companionate Love

A form of love characterized by deep affection, friendship, and emotional intimacy, often found in long-term relationships.