What is the test for setting aside an under value contract?
Saskatchewan, Canada
The following excerpt is from Pletz v. Pletz, 2000 SKQB 129 (CanLII):
In Laverdiere v. Laverdiere (1984), 1984 CanLII 2242 (SK QB), 35 Sask. R. 86, it was stated at p. 88: “. . . Inadequate consideration is evidence of unfairness, but is not conclusive; no contract will be set aside solely on the basis of under value.”
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