- inadequate consideration
- One not adequate or equal in value to the thing conveyed. Farrell v. Third Nat. Bank, 20 Tenn.App. 540, 101 S.W.2d 158, 163
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
inadequate consideration
Look at other dictionaries:
inadequate consideration — One not adequate or equal in value to the thing conveyed. Farrell v. Third Nat. Bank, 20 Tenn.App. 540, 101 S.W.2d 158, 163 … Black's law dictionary
consideration — con·sid·er·a·tion n: something (as an act or forbearance or the promise thereof) done or given by one party for the act or promise of another see also contract compare motive ◇ Except in Louisiana, consideration is a necessary element to the… … Law dictionary
inadequate — I adjective assailable, deficient, depleted, disabled, disappointing, displeasing, emasculate, exhausted, feckless, feeble, helpless, impaired, impar, impotent, incapable, incompetent, incomplete, indefensible, ineffective, ineffectual,… … Law dictionary
consideration — The inducement to a contract. The cause, motive, price, or impelling influence which induces a contracting party to enter into a contract. The reason or material cause of a contract. Some right, interest, profit or benefit accruing to one party,… … Black's law dictionary
consideration — The inducement to a contract. The cause, motive, price, or impelling influence which induces a contracting party to enter into a contract. The reason or material cause of a contract. Some right, interest, profit or benefit accruing to one party,… … Black's law dictionary
inadequate price — A term applied to indicate the want of a sufficient consideration for a thing sold, or such a price as would ordinarily be entirely incommensurate with its intrinsic value … Black's law dictionary
inadequate price — A term applied to indicate the want of a sufficient consideration for a thing sold, or such a price as would ordinarily be entirely incommensurate with its intrinsic value … Black's law dictionary
fair and valuable consideration — One which is a substantial compensation for the property conveyed, or which is reasonable, in view of the surrounding circumstances and conditions and market value of comparable properties in same vicinity, in contradistinction to an inadequate… … Black's law dictionary
fair and valuable consideration — One which is a substantial compensation for the property conveyed, or which is reasonable, in view of the surrounding circumstances and conditions and market value of comparable properties in same vicinity, in contradistinction to an inadequate… … Black's law dictionary
Unconscionability — (also known as Unconscientious dealings) is a term used in contract law to describe a defense against the enforcement of a contract based on the presence of terms unfair to one party. Typically, such a contract is held to be unenforceable because … Wikipedia
