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

译员雪梅，国际知名法学院劳动法专业，专注翻译各种与劳动雇佣有关的法律文件。