Question
Which of the following statement regarding
‘consideration’ in a contract is false?Solution
Essential elements of Consideration: Section 2 (d) of Indian Contract Act · Consideration must move at the desire of the promisor · Consideration may move from the promisee or any other person · Consideration must be real not illusory · Consideration may be past, present or future. · It must be Lawful · It must not be immoral or opposed to public policy
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