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Undue Influence and Consideration Contract

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1. Discuss undue influence as a challenge to mutual assent.
2. Which of the following will be considered as a valid consideration for a contract?

The consideration is not bargained for.
The party giving the consideration does not suffer a legal detriment.
The party receiving the consideration receives a legal benefit.
The consideration is not exchanged between the parties.

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Solution Summary

There are key factors that must exist for a valid contract. Undue influence could potentially be used to dispute mutual assent. A contract must have consideration. This solution discusses what consideration is.

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Undue Influence and Consideration Contract Questions
1. Discuss undue influence as a challenge to mutual assent.
2. Which of the following will be considered as a valid consideration for a contract?
The consideration is not bargained for.
The party giving the consideration does not suffer a legal detriment.
The party receiving the consideration receives a legal benefit. (http://legal-dictionary.thefreedictionary.com/benefit)
The consideration is not exchanged between the ...

Purchase this Solution


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