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20549 FORM 10 Q QUARTERLY REPORT PURSUANT to SECTION 13 or 15d of the SECURITIES EXCHANGE ACT of 1934 for the Quarterly Period E

20549 FORM 10 Q QUARTERLY REPORT PURSUANT to SECTION 13 or 15d of the SECURITIES EXCHANGE ACT of 1934 for the Quarterly Period E

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Video instructions and help with filling out and completing 20549 FORM 10 Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15d OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended March 31, Commission File Number 001 2979 WELLS FARGO & COMPANY Exact Name Of Registrant As

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Instructions and help about 20549 FORM 10 Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15d OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended March 31, Commission File Number 001 2979 WELLS FARGO & COMPANY Exact Name Of Registrant As

in today's lecture we'll examine the concept of nominal consideration nominal consideration is the payment of a very small sum such as $1 to satisfy the contract's consideration requirement as we will see while many courts reject the idea that nominal consideration is sufficient for a contract the issue remains very contentious first let's take a look at the basic argument for why nominal consideration should be sufficient for a contract it's well established that courts usually refrain from judging the fairness of the bargain that the parties have struck in other words courts don't inquire into the adequacy of consideration whether the quidd was roughly the same value as the quo in a quid proquo Arrangement under a strict reading of this rule payment of a very small sum should be enough to satisfy the consideration requirement the approach this kind of approach was first advocated by the first restatement restatement of contracts which s

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