Which of the following would be acceptable consideration in exchange for a contractor building a house?
A) $1
B) $60,000
C) the free market value of the house
D) all of the above

Name: Which of the following would be acceptable consideration in exchange for a contractor building a house? A) $1 B) $60,000 C) the free market value of the house D) all of the above
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Question

Quizplus · Accepted Answer

Generally, the law does not inquire into the adequacy of consideration.

Which of the Following Would Be Acceptable Consideration in Exchange