Multiple Choice
Which of the following statement is true?
A) Consideration must result in a benefit to both parties
B) Past consideration is no consideration in India
C) Consideration must be adequate
D) Consideration must be something which a promisor is not already bound to do
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Which is the following is false? An
Q16: Ordinarily, a minor's agreement is<br>A)Void ab initio<br>B)Voidable<br>C)Valid<br>D)Unlawful
Q17: The Law of Contract in India is
Q18: A proposal when accepted becomes a:<br>A)Promise<br>B)Contract<br>C)Offer<br>D)Acceptance
Q19: Which of the following statement is true?<br>A)A
Q20: An agreement enforceable by Law is a<br>A)Promise<br>B)Contract<br>C)Obligation<br>D)Lawful
Q21: When the consent of a party is
Q23: Which is the following is false? Consideration:<br>A)Must
Q24: An agreement which is enforceable by law
Q25: Consideration in sample term means<br>A)Anything in return<br>B)Something