Vidyalelo
Commerce · Q397

Insurance

Graduate and Post Graduate · Commerce · question 397

Q397

Which of the below is not a valid consideration for a contract?

A.
Money
B.
Property
C.
Bribe
Answer
D.
Jewellery

Answer: Option C

Solution

Answer: Option C
Solution:
Bribe is not a valid consideration for a contract. Bribery is the act of giving or receiving something of value in exchange for some kind of influence or action in return, that the recipient would otherwise not offer.