🎴 Flashcard Mode

Consideration must move from the promisee and be something of value in the eyes of the law. Option D is correct because consideration must be something the promisor is not already legally bound to do - it must be new consideration. Option A is wrong because consideration only needs to move from the promisee, not benefit both parties. Option B is incorrect - in India, past consideration CAN be valid consideration in certain circumstances (unlike English law). Option C is wrong because consideration need not be adequate - courts don't inquire into adequacy, only existence.