Harry owns a sports car valued at £1.

Vendor: CII
Product: IF1
Update on: Jan 2, 2026
Questions: 100

CII IF1 Question Answer

Harry owns a sports car valued at £1.000 and agrees to sell it to Ben for £500. Ben discusses this with his solicitor who states the contract is

unenforceable as the consideration is inadequate.

enforceable as consideration does not need to be adequate.

enforceable but only if Harry does not refute the contract within six months of the contract date.

unenforceable unless Harry signs a disclaimer acknowledging the consideration as acceptable.

CII IF1 Summary

Price: $52.5 ~~$149.99~~