Multiple choice

A enters into a contract with B for the sale of goods to be delivered at a future date. Which type of case is this?

  1. It is a case of wagering agreement.

  2. It is a case of future consideration.

  3. It is a case of contingent contract.

  4. It is an impossible agreement to be performed.

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

Option (2) is correct: Goods (subject matter) are to be delivered at a future date. Therefore, this contract is a case of future consideration.