adequate consideration

Definition of "adequate consideration"
  1. An amount that fairly matches the value of what is being exchanged or transferred
How to use "adequate consideration" in a sentence
  1. To validate the contract, the seller insisted on receiving adequate consideration for the property.
  2. The amount proposed by the buyer was rejected as it was not seen as adequate consideration for the car's value.
  3. Since the offered wages didn't serve as adequate consideration for the job responsibilities, they contested the employment contract.

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