grossly inadequate consideration

Consideration whose value is so much less than the fair value of the object acquired that it may not support finding that the transaction is a valid exchange.

• Depending on the surrounding circumstances, the transaction may actually be fraud, a gift, or something else other than a sale and purchase.

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词条贡献者

译者Kelly，美国顶尖商学院国际经济法专业，擅长翻译各种与投资基金与基金顾问诉讼相关的法律文件。