Multiple choice

An agreement made with free consent to which the consideration is lawful but inadequate, is

  1. void

  2. valid

  3. voidable

  4. unlawful

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Free consent makes an agreement valid even if consideration is inadequate. Law requires consideration to exist and be lawful, but adequacy (fairness of amount) is for parties to decide. Courts don't intervene if consent was genuinely free.