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"26. Explain how forbearance can satisfy the requirements of consideration." "29. Identify four kinds of agreements that lack consideration. "34. Consideration A Promise for a Promise The most common form of valid consideration is the promise of mo ney by one party for the promise of an act by another. Why is a mere promise deemed adequate in the eyes of the law when consideration based on completed actions might result in fewer disputes? . l I? ' \"36. A Question of Ethics Agreements between parties of unequal bargaining power are known as contracts of adhesion. For example, an apartment house owner presented a tenant with a lease renewal that contained additional and burdensome provisions. The tenant, finding it difficult to move, was forced to accept the lease despite the hardship. Beyond the legal aspects of a contract of adhesion, what are the ethical dimensions to consider in this example? \"40. Unconscionable Contract Jackson, a widow who was desperate for money. sold land to her brother, Seymour, for $275. Later Seymour found valuable timber on the land and said some of it for 52,353. When Jackson realized that the property was worth much more than she had originally thought, she offered to return the sales price with interest. Seymour refused. Jackson sued, claiming fraudthat her brother, upon whom she relied for the management of her affairs, had misrepresented the value of the land. The initial court decision favored Seymour, and the decision was appealed. is it likely that the court will invalidate the sale of the property? [Jackson v. Seymour, 71 S.E.2d 181 (Virginia)}" Principal of law: Decision "43. Validity of Consideration Maitland, a fund-raiser for Arbor College, solicited contributions for the college's building program. Hamill Manufacturing pledged a contribution to the program. When the company did not pay, Maitland sued. Hamill claimed there was no consideration. Will Maitland be successful in the suit? Principle of Law: Decision:"