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Law · Q1157

Indian Contract Act

Graduate and Post Graduate · Law · question 1157

Q1157

Which one of the following statements is correct?

A.
An agreement is void unless it is duly supported by adequate consideration
B.
In a valid contract, there can be an oral promise to compensate a person who has already voluntarily done something for the promisor
Answer
C.
Under Indian Law, consideration need not move at the desire of the promisor
D.
Indian Law does not recognize past consideration

Answer: Option B

Solution

Answer: Option B
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