Question:
Consideration must be adequate to satisfy the demands of the other party.
Answer:
Courts do not quantify the extent of the consideration between the parties. Whatever it is will be deemed sufficient. So “adequacy is never measured”.
Question:
Consideration must be adequate to satisfy the demands of the other party.
Answer:
Courts do not quantify the extent of the consideration between the parties. Whatever it is will be deemed sufficient. So “adequacy is never measured”.
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