CAF-4 · Chapter 5 · Question 10 of 15
Who can provide consideration in a contract?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) The promisee or any other person (stranger to consideration).
Explanation
Under Section 2(d), consideration can move from the promisee 'or any other person'. This means a stranger to consideration can provide it for the promisee.
More Legality of object and consideration MCQs
- Q12Which of the following agreements is generally considered 'opposed to public policy'?
- Q13Consideration must be ____________ at the desire of the ____________.
- Q14If an agreement consists of two parts, one legal and one illegal, and the two parts can be separated, what happens?
- 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?