Multiple Choice
Which of the following is the best example of executory consideration?
A) A pays B $10.00 today in return for B giving A a book today.
B) A promises to pay B $10.00 tomorrow in return for B giving A a book tomorrow.
C) A promises to pay B $10.00 tomorrow in return for B giving A a book yesterday.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Consideration must be present or future,it cannot
Q3: In the context of contract law,'consideration' is
Q4: Estoppel is based on an assumption of
Q5: The rule in Foakes v Beer will
Q6: Estoppel can only be used as a
Q7: The decision in Waltons Stores (Interstate)Ltd v
Q8: When the doctrine of promissory estoppel is
Q9: Valid consideration is NOT established by which
Q10: The case of Foakes v Beer (1884)9
Q11: Only a promise supported by consideration will