Multiple choice

Which of the following options is correct?

A contract is valid, if the consideration is lawful when at the desire of the promisor, the promisee

(a) has done or abstained from doing something (b) does or abstains from doing something (c) promises to do or abstains from doing something

  1. Only (a) and (c)

  2. Only (a) and (b)

  3. Only (b) and (c)

  4. All of the above

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

When at the desire of the promisor, the promisee or any other person has done or abstained from doing something or does or abstains from doing something, such act or abstinence or promise is called a consideration for the promise. Thus, all are true.