The courts generally do not weigh the sufficiency of consideration per the comparative economic value of what is exchanged. Should they? Why or why not?
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The courts generally do not weigh the sufficiency of consideration per the comparative economic value of what is exchanged. Should they? Why or why not?
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Read, consider and answer the following discussion questions:
1. The courts generally do not weigh the sufficiency of consideration per the comparative economic value of what is exchanged. Should they? Why or why not?
2. What is the minor’s right to disaffirm a contract?
3. What are elements of fraudulent misrepresentation?
4. When does, a deceived party must show that he/she suffered an injury to recover based on fraud?
5. What effect does part performance have on the enforcement of an oral contract?
