Question: Fact Pattern 1 3 - 2 Boyd defends against a breach - of - contract suit by College Credit Corporation by claiming that their deal
Fact Pattern
Boyd defends against a breachofcontract suit by College Credit Corporation by claiming that their deala student loan accruing interest at a certain rate and payable beginning on a certain datewas unfair because the consideration for their contract was inadequate.
Refer to Fact Pattern "Adequacy" of consideration refers to
"how much" consideration is given.
legally sufficient value in the eyes of the law.
the intangible value to a contracting party of a thing exchanged.
the substantiality of the consideration exchanged.
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