Consideration

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 19, 2017 at 10:24 pm #416768
humai
Participant
- Topics: 757
- Replies: 248
An agreement to carry out an act which the law requires to anyway amounts to:

a. sufficient consideration
b. insufficient consideration
c. past consideration

Correct answer is b. But why it cannot be past consideration? As past consideration and insufficient consideration both are invalid consideration?
November 20, 2017 at 7:09 am #416803
MikeLittle
Keymaster
- Topics: 27
- Replies: 23372
The expression “to carry out an act” suggests that the act has not yet been undertaken and therefore past consideration would be inappropriate

OK?
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘Consideration’ is closed to new replies.