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Do you think the consideration here is enough to create

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Reference no: EM133557021

Question: Your friend has a house that's worth $1.4 million. You offer to buy the house for $20 and a brand new stapler. Your friend agrees. Note that there is no foul play involved. Your friend has his reasons for selling it for this price. You both agree to enter into a contract. The consideration for this contract is the house and the $20 + stapler.

  • Do you think the consideration here is enough to create a valid contract?
  • Do you think a court should interfere with this contract being formed? Why or why not?

 

Reference no: EM133557021

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