Question

When does the court look at the adequacy of consideration in a contract?

1) If the court thinks that undue influence was used
2) If the court thinks that the deal was not profitable for all the parties involved
3) If the court thinks that one party made a good bargain
4) If the court believes fraud occurred

Answer 1

The court looks at the adequacy of consideration in a contract in situations involving undue influence, lack of profitability, unfair bargains, and fraud.

Step-by-step explanation:

The court looks at the adequacy of consideration in a contract in several situations:

1. If the court thinks that undue influence was used by one party to force the other party to enter into the contract.
2. If the court thinks that the deal was not profitable for all the parties involved.
3. If the court thinks that one party made a good bargain while the other party did not receive a fair deal.
4. If the court believes fraud occurred in the formation of the contract.