Multiple choice

What type of consideration is required in a valid contract?

  1. Unlawful consideration

  2. Lawful consideration

  3. Consideration does not matter

  4. Any type of consideration

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It means that consideration which is enforced by law and also relevant for making a valid contract under Section 10 of the Contract Act, 1872.