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Mercantile Laws Test - 8
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The following conditions must exist so that a promise to pay for the past voluntary services is binding.
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A
All of these
💡 Explanation:
For a promise to pay for past voluntary services to be legally binding, ALL three conditions must be satisfied: (1) services were rendered voluntarily (without request or expectation of payment), (2) services were rendered for the promisor specifically, and (3) the promisor existed at the time of service AND intended to compensate for them. Option D correctly states that all these elements are required. Options A, B, and C each list only one necessary condition - they are individually insufficient but collectively necessary.