Quality Steel Corporation files a suit against Rite Tool Company, claiming that the consideration for their contract is inadequate. The court will most likely not examine the adequacy of the considera?tion if
A) it is obvious that the consideration is adequate.
B) Rite Tool asserts that there is adequate consideration.
C) something of value passed between the parties.
D) the consideration is worth more than $100.

Question

Quizplus · Accepted Answer

Courts typically do not evaluate the adequacy of consideration as long as something of value has been exchanged between the parties, indicating a valid contract.

Quality Steel Corporation Files a Suit Against Rite Tool Company