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MikeLittle.
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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Contract law
Sir can you tell exactly what this question is asking
What does an agreement to carry out an act which the law requires anyway amount to?
A Sufficient consideration
B Insufficient consideration
C Past consideration
According to what i have understood it should be A but answer is B
Can you elaborate more on this
If the law already requires you to do something, how can the action of you obeying the law be construed as you giving something of value to support a separate contract?
If you’re already required to do it, what ‘extra’ are you doing by way of separate consideration for a separate contract?
OK?
Okay sir i get it now thanks
You’re welcome