Site navigation

Consider the following statements— (1) Performance of a legal duty is no consideration for a promise.…

Performing an existing legal duty is no consideration, forbearance to sue has been treated as good consideration, and under Explanation 2 to s.25 consideration need not be…

Choose your answer

Consider the following statements—
(1) Performance of a legal duty is no consideration for a promise.
(2) Forbearance to sue has always been regarded as valuable consideration.
(3) It is not necessary that consideration should be adequate to the promise.
Which of the above statement/s is/are correct?

Select one answer
Answer and explanation

Correct answer C

Performing an existing legal duty is no consideration, forbearance to sue has been treated as good consideration, and under Explanation 2 to s.25 consideration need not be adequate, so all three statements are correct: "(1), (2) and (3)".

Practice for these exams

Related question papers

Related exam syllabi

Related questions in this topic