Which Statement Is True Regarding the Adequacy of Consideration

question 47

Multiple Choice

Which statement is true regarding the adequacy of consideration?

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

---

Definitions:

William Stern

A German psychologist who is best known for his work in intelligence research and the development of the intelligence quotient (IQ) score.

Group Administered

In the context of tests or evaluations, it refers to assessments given to multiple individuals simultaneously in a group setting.

Intelligence Test

A standardized assessment designed to measure human intelligence and cognitive abilities in various domains.

Stanford-Binet

A standardized test that assesses intelligence and cognitive abilities in both children and adults.