CAF-4 · Chapter 5 · Question 13 of 15
Consideration must be ____________ at the desire of the ____________.
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Past, present, or future; Promisor
Explanation
The Act specifies that consideration (the act or abstinence) must be done at the desire of the promisor and can be in the past, present, or future.
More Legality of object and consideration MCQs
- Q15Saad finds Fahad's lost wallet and returns it. Fahad then promises to give Saad Rs. 500. This promise is valid under which exception of…
- Q1Which of the following agreements is considered void due to an unlawful object?
- Q2If the consideration or object of an agreement is 'immoral' or 'against public policy', the agreement is:
- Q3What is meant by 'Quid Pro Quo' in the context of consideration?
- Q4As a general rule, an agreement made without consideration is: