Which of the following statements regarding the adequacy and sufficiency of consideration is correct?
A、Consideration does not need to have a value to be sufficient
B、Consideration is sufficient if it has some economic value
C、Consideration does not need to be sufficient but must be adequate
A、Consideration does not need to have a value to be sufficient
B、Consideration is sufficient if it has some economic value
C、Consideration does not need to be sufficient but must be adequate
【参考答案及解析】
Consideration must be sufficient but not necessarily adequate. It must have some economic value to be sufficient.
Consideration must be sufficient but not necessarily adequate. It must have some economic value to be sufficient.