A finds B’s purse and gives it to him voluntarily. B promises to give him Rs. 50. This is a :
This is a valid contract because the later promise compensates A for a service voluntarily performed for B. Section 25(2) of the Indian Contract Act, 1872 recognises this…
Choose your answer
A finds B’s purse and gives it to him voluntarily. B promises to give him Rs. 50. This is a :
Answer and explanation
Correct answer D
This is a valid contract because the later promise compensates A for a service voluntarily performed for B. Section 25(2) of the Indian Contract Act, 1872 recognises this exception to the general rule requiring consideration.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
MP SET Law
-
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Supreme Court Law Clerk and Research Associate
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision