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Evaluate TWO of the following statements: (a) 'Consideration need not be adequate but it must be sufficient.' (b) The innominate term was an unnecessary invention.

Evaluate TWO of the following statements:

(a) 'Consideration need not be adequate but it must be sufficient.'

(b) The innominate term was an unnecessary invention.

(c) Payment of a smaller sum on the due date is not satisfaction for the debt of the larger amount

Please explain up to one thousand five hundred words. Please insert relevant cases. thank you

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