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    Question

    Under Section 14 of the Indian Contract Act, 1872, which

    of the following is a valid consideration?
    A An act already done before the promise Correct Answer Incorrect Answer
    B A future act promised in return Correct Answer Incorrect Answer
    C Love and affection alone Correct Answer Incorrect Answer
    D A promise to perform a legal duty already existing Correct Answer Incorrect Answer
    E Moral obligation alone Correct Answer Incorrect Answer

    Solution

    Section 14 provides that consideration may consist of any act, abstinence, or return promise that is of some value in the eyes of law. Past consideration is not valid (Section 14(a)). However, in the case of liability for necessaries, the doctrine of unjust enrichment provides an exception. Consideration must be real and valuable but need not be adequate; the court will not inquire into the adequacy of consideration. [Citation: Section 14, Indian Contract Act, 1872]

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