Fact Pattern 12-A2

question 76

Multiple Choice

Fact Pattern 12-A2
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 12-A2. A court is most likely to evaluate the adequacy of consid?era?tion 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:

Technology

The application of scientific knowledge for practical purposes, especially in industry machinery, software, and devices.

Facilities

The buildings, equipment, and services provided for a particular purpose or activity.

Tool-Sharpening

A metaphorical expression referring to the process of refining or improving one's skills, abilities, or resources to enhance performance or efficiency.

Garden And Landscaping Store

A retail establishment that sells plants, garden supplies, tools, and landscaping materials to consumers.