Inadequate consideration may reflect a lack of bargained-for exchange.

Name: Inadequate consideration may reflect a lack of bargained-for exchange.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inadequate consideration refers to a situation where one party provides significantly less value compared to the other party in a contract. This lack of value may indicate that the parties did not engage in a true bargained-for exchange. Therefore, inadequate consideration may reflect a lack of bargained-for exchange.

Inadequate Consideration May Reflect a Lack of Bargained-For Exchange