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.


专业法律词汇 词条贡献者
资深译员Tommy,毕业于亚洲顶尖的高级翻译学院,擅长翻译有关基础设施/交通运输领域的法律文件。
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