Fact Pattern 10-2 (Questions 10-12 Apply)

question 3

Multiple Choice

Fact Pattern 10-2 (Questions 10-12 apply)
Brad 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 10-2.If,as Brad claims,the consideration in this problem is inadequate,it may indicate a lack of

• A)accord in Brad's satisfaction with the value of the deal.
• B)voluntary consent.
• C)flexibility on the part of College Credit to accommodate Brad's needs.
• D)"heft," "substance," or "weight" in the terms of the contract.

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Definitions:

Communism

A political and economic ideology advocating for the common ownership of the means of production and the absence of social classes, money, and the state.

Socialism

A political and economic ideology advocating for collective or governmental ownership and administration of the means of production and distribution of goods.

Elected Union Officials

Individuals chosen through an electoral process by union members to hold leadership positions and represent their interests.

Union Workers

Employees who are members of a union, an organization that represents their interests, particularly in negotiations with employers over wages, benefits, and working conditions.