Asked by
Kiranveer Kaur Punia
on Dec 20, 2024
Verified
In a contract for the sale of lawn care services, an issue arises about whether the homeowner would receive disproportionately less in service than the lawn care company would receive in compensation. This disparity may be relevant to the:
A) requirement of legally sufficient consideration.
B) availability of certain defenses and remedies.
C) the voidability of the contract due to undue influence.
D) level of economic duress.
Legally Sufficient Consideration
Value that the law recognizes as adequate to support a contract, ensuring that each party agrees to give or do something of value.
Economic Duress
A condition in which one is forced to engage in a financial transaction due to threats or pressures, rendering the agreement involuntary.
- Acquire insights into the concept of consideration as it pertains to contract law, including the necessary conditions and its significance.
- Examine the sufficiency of consideration and its significance in making contracts enforceable.
Verified Answer
JS
Learning Objectives
- Acquire insights into the concept of consideration as it pertains to contract law, including the necessary conditions and its significance.
- Examine the sufficiency of consideration and its significance in making contracts enforceable.
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