The adequacy of consideration is the same as the legal sufficiency of consideration. True False
The adequacy of consideration is the same as the legal sufficiency of consideration.
True
False
Homework Answers
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| The adequacy of consideration is the same as the legal sufficiency of consideration. | |
| False. | |
| Because | |
| Whether there's a legal detriment to the promise. Something that has value. Sufficient is something of value, insufficient has no value. | |
| Adequate consideration the value is based on an assessment of what is fair under circumstance, while sufficient consideration does not require that the value be fair, but rather that it have some value and not be worthless (insufficient). |
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The adequacy of consideration is the same as the legal
sufficiency of consideration.
True
False
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