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Law · Q336

Indian Contract Act

Graduate and Post Graduate · Law · question 336

Q336

A promises to pay B 1,000 rupees at the end of the six months. If C, who owes that sum to B, fails to pay it. B promises to grant time to C accordingly. Here, the promise of each party is the consideration for the promise of the other party.

A.
These are unlawful considerations
B.
These are lawful considerations
Answer
C.
Either (A) of (B)
D.
None of these

Answer: Option B

Solution

Answer: Option B
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