QuestionJune 25, 2025

In determining whether consideration exists, the law __ Multiple Choice requires that the promises be of equal value. only requires consideration on one side of the contract. is generally not concerned with any disproportion in value between the things exchanged in a contract. requires that goods be sold for fair market value.

In determining whether consideration exists, the law __ Multiple Choice requires that the promises be of equal value. only requires consideration on one side of the contract. is generally not concerned with any disproportion in value between the things exchanged in a contract. requires that goods be sold for fair market value.
In determining whether consideration exists, the law
__
Multiple Choice
requires that the promises be
of equal value.
only requires consideration
on one side of the contract.
is generally not concerned
with any disproportion in
value between the things
exchanged in a contract.
requires that goods be sold
for fair market value.

Solution
4.1(215 votes)

Answer

is generally not concerned with any disproportion in value between the things exchanged in a contract. Explanation In contract law, consideration refers to something of value that is exchanged between parties. The law does not require the promises to be of equal value or for goods to be sold at fair market value; it focuses on whether there is a mutual exchange.

Explanation

In contract law, consideration refers to something of value that is exchanged between parties. The law does not require the promises to be of equal value or for goods to be sold at fair market value; it focuses on whether there is a mutual exchange.
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