A valid consideration includes,

Related MCQs

• In Indian Law consideration must have been done at the desire of the promisor, if it is done at the instance of a third party or without the desire of the promisor, it is:
• In India, a person who is stranger to the consideration
• S sells certain goods to B of Bomba y. The goods are handed over to the ra ilways for transmission to B. In the meantime, B sells the goods to a third party T for consideration without the consent of S. B becomes insolvent. In this case—
• The inadequacy of consideration may be taken into account by the court
• Where consideration is illegal or physically impossible, uncertain or ambiguous, it shall not be
• Agreement of which the consideration is inadequate is
• Consider the following statements: Consideration is 1. A motive for any promise 2. A price for any promise 3. Only a moral obligation 4. Something of value in the eye of law of these statements.
• An agreement without consideration is void under
• An agreement without consideration is void except in case of compensation for
• R entered into a contract with L to marry her on a fixed date. However, before the marriage date, R went mad. With reference to the Indian Contract Act which is the valid response?