时间：00:00:00
Lisa agrees to sell her antique vase to Sam for £500. They both sign a written agreement, but before Sam makes the payment, Lisa finds out that the vase is worth £5,000. Lisa informs Sam that she will not sell the vase as agreed.
What should Sam do?
< 上一页
对/错
下一页 >
Sam can demand that Lisa honours the contract because sufficient consideration has been promised. In contract law, consideration must be sufficient but need not be adequate. The promise to pay £500, even if the vase is worth £5,000, constitutes sufficient consideration, creating a binding contract.
Key Point: Consideration must be something of value in the eyes of the law. As long as consideration is present, it is legally sufficient to support a contract, regardless of its adequacy.
收集问题
用户内容
