An agreement made with free consent to which the lawful consideration is inadequate, is Valid or void ?

Question

Satyam · Answer

Valid because agreement doesn't need to full fil the adequate value

Anvitha · Answer

Valid,The amount of consideration is agreeable even if it is inadequate when it is done with free consent.

Goongoon · Answer

Valid bcuz consideration need not to be adequate. It must not be equal to promise which its is exchanged for. It will be considered bad bargain of party. Contract cannot be void if consideration to contract by free consent is inadequate. But if it is shockingly less and party claims that it was not free consent then this inadequate consideration can be taken as evidence in that case.

Piyu · Answer

Okk thank you

Subojeet · Answer

Valid , as per the legal rules regarding consideration, consideration need not be adequate

Piyu · Answer

Explain!

Pearlpreet · Answer

Valid

Shubhyansh · Answer

Valid

An agreement made with free consent to which the lawful consideration is inadequate, is Valid or void ?

8 answers

Ask your doubt in the Studycaller app