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Which of the following considerations is legally in sufficient? Tony bought a book for $100. He offers to sell it to Ruby for free if
Which of the following considerations is legally insufficient?
Tony bought a book for $100. He offers to sell it to Ruby for free if she helps him befriend the new girl in their dorm.
Tony bought a book for $1,000. Ruby offers to buy it for $2,000 if it does not rain the next day.
None of these is insufficient consideration.
Tony bought a text book for $100. He offers to give it to Ruby if Ruby helps him move into his new dorm room.
Tony bought a book for $100. Ruby offers to buy it for $10.
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Consideration in a contract is essentially the value that each party agrees to exchange in a contract For consideration to be legally sufficient it mu...Get Instant Access to Expert-Tailored Solutions
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