Coverage, Inc. (CI), coordinates an insurance network that includes 1 million potential patients. By contracting with CI, a medical provider gains access to the network in exchange for accepting pay?ments at lower than market rates. Doctors, Inc., contracts with CI but, when few patients are forthcoming, files a suit to recover the differ?ence between the contract and market rates. The court will most likely rule that the contract is
A) enforceable because consideration is not required for this contract.
B) enforceable because the contract does not lack consideration.
C) not enforceable because Doctors received few patients.
D) not enforceable because the contract lacks consideration.

Question

Quizplus · Accepted Answer

The contract is enforceable because there is consideration; Doctors, Inc. gains access to a large network of potential patients, which is a benefit, in exchange for accepting lower payments.