Which of the following is not legal rule regarding consideration ?
Under Section 2(d) of the Indian Contract Act, 1872, consideration must move at the desire of the promisor, may move from the promisee or any other person, and may be past,…
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Which of the following is not legal rule regarding consideration ?
Answer and explanation
Correct answer B
Under Section 2(d) of the Indian Contract Act, 1872, consideration must move at the desire of the promisor, may move from the promisee or any other person, and may be past, present (executed), or future (executory). It moves from the promisee (or third party) in return for the promisor's promise, not 'from the promisor'.
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