Consideration rule: The bargained-for exchange must have legally sufficient value; the adequacy of the exchange is generally not evaluated by the courts.

Consideration rule: The bargained-for exchange must have legally sufficient value; the adequacy of the exchange is generally not evaluated by the courts.

• A. A bargained-for exchange of legally sufficient value; the adequacy of the exchange is generally not evaluated by the courts.
• B. Any promise with consideration is enforceable regardless of value.
• C. Consideration requires a dollar-for-dollar exchange.
• D. Past consideration is sufficient.

Answer: (A)