A promises to give B ₹1,000. B gives no consideration and none of the exceptions in section 25 of the…
An agreement without consideration is void unless a statutory exception applies. Illustration (a) gives the example of a bare promise to pay ₹1,000.
Choose your answer
A promises to give B ₹1,000. B gives no consideration and none of the exceptions in section 25 of the Indian Contract Act, 1872 applies. What is the effect of the promise?
Answer and explanation
Correct answer A
An agreement without consideration is void unless a statutory exception applies. Illustration (a) gives the example of a bare promise to pay ₹1,000.
Option feedback
Option A
The general rule in section 25 makes an agreement without consideration void.
Option B
The rule makes the agreement void from the outset and does not give B an election.
Option C
Certainty about the amount does not supply consideration.
Option D
A demand alone does not supply consideration or bring the promise within an exception.
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