An agreement entered into with free consent and lawful but with inadequate consideration is
Inadequacy of consideration alone does not make an otherwise lawful agreement unlawful, void or voidable. Explanation 2 to section 25 expressly preserves an agreement to…
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An agreement entered into with free consent and lawful but with inadequate consideration is
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Correct answer B
Inadequacy of consideration alone does not make an otherwise lawful agreement unlawful, void or voidable. Explanation 2 to section 25 expressly preserves an agreement to which the promisor freely consented merely despite inadequate consideration. Inadequacy may be evidence relevant to whether consent was free, but the question states that free consent exists.
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