Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Raj defends against a breach-of-contract suit by Student Loan Corporation by claiming that their deala student loanwas unfair because the consideration for the contract was

Raj defends against a breach-of-contract suit by Student Loan Corporation by claiming that their deala student loanwas unfair because the consideration for the contract was inadequate. With respect to Raj's defense, the court will most likely rule in favor of the lender on the ground that

a. Raj promised to do something that he had no prior legal duty to do.

b. Raj performed an act that he was not otherwise obligated to undertake.

c. Raj refrained from an act that he had a legal right to undertake.

d. the adequacy of the consideration is not for the court to determine.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Regulation Law Science And Policy

Authors: Robert V. Percival, Christopher H. Schroeder, Alan S. Miller, James P. Leape

9th Edition

1543826164, 978-1543826166

More Books

Students also viewed these Law questions

Question

Distinguish between exposure and risk.

Answered: 1 week ago

Question

2. Ask questions, listen rather than attempt to persuade.

Answered: 1 week ago

Question

1. Background knowledge of the subject and

Answered: 1 week ago