Word:

Inadequate price

INADEQUATE PRICE. This term is applied to indicate the want of a sufficient consideration for a thing sold,or such a price as, under ordinary circumstances, would be considered insufficient.
     2. Inadequacy of price is frequently connected with fraud, gross misrepresentations, or an intentional concealment of the defects in the thing sold. In these cases it is clear the. vendor cannot compel the buyer to fulfill the contract. 1 Lev. 111; 1 Bro. P. C. 187; 6 John. R. 110; 3 Cranch, 270; 4 Dall. R. 250; 3 Atk. 283; 1 Bro. C. C. 440.
     3. In general, however, inadequacy of price is not sufficient ground to avoid a contract, particularly' when the property has been sold by auction. 7 Ves. jr. 30; 3 Bro. C. C. 228; 7 Ves. jr. 35, note. But if an uncertain consideration, as a life annuity, be given for an estate, and the contract be executory, equity, it seems, will enter into the adequacy of the consideration. 7 Bro. P. C. 184; 1 Bro. C. C. 156. Vide. 1 Yeates, R. 312; Sugd. Vend. 189 to 199; 1 B. & B. 165; 1 M'Cord's Ch. R. 383, 389, 390; 4 Desaus. R. 651. Vide Price.

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Inachis io
Inacquaintance
Inacquiescent
Inaction
inactivate
inactivation
Inactive
Inactively
inactiveness
Inactivity
Inactose
Inactuate
Inactuation
Inadaptation
Inadequacy
Inadequate
-- Inadequate price --
inadequately
inadequateness
Inadequation
Inadherent
Inadhesion
Inadmissibility
Inadmissible
Inadvertence
inadvertency
Inadvertent
inadvertently
inadvisability
Inadvisable
inadvisably
inaesthetic
Inaffability
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