Comment by mapt 2 months ago There are reasonableness limits inherent in contract law, under "Consideration". 1 comment mapt Reply cogman10 2 months ago Unfortunately, no. Common law requires famously very little consideration for a contract to be valid [1]. I can sign a contract where I give $100 and am given a penny back and that'd be valid consideration.[1] https://en.wikipedia.org/wiki/Peppercorn_(law)
cogman10 2 months ago Unfortunately, no. Common law requires famously very little consideration for a contract to be valid [1]. I can sign a contract where I give $100 and am given a penny back and that'd be valid consideration.[1] https://en.wikipedia.org/wiki/Peppercorn_(law)
Unfortunately, no. Common law requires famously very little consideration for a contract to be valid [1]. I can sign a contract where I give $100 and am given a penny back and that'd be valid consideration.
[1] https://en.wikipedia.org/wiki/Peppercorn_(law)