"Insufficiency of consideration is immaterial, but a valid contract must be supported by lawful and real consideration". Comment.

In business law, the principle that "insufficiency of consideration is immaterial" is foundational to understanding the enforceability of contracts. According to Section 10 of the Indian Contract Act, 1872, one of the essential elements of a valid contract is that it must be supported by lawful consideration. Further elaborated under Section 2(d), consideration is defined as something done or abstained from doing by the promisee at the desire of the promisor. However, the law does not mandate that the consideration must be adequate, only that it must _______ ___ ____ ____ ____ __________ ______ ___ _______ _____ ____ ____.
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