Law · Law of Contract
Which of the following is NOT a necessary feature or requirement of consideration under the Indian Contract Act, 1872?
- 1It may be past, present, or future
- 2It must be adequate in monetary terms✓
- 3It may move from the promisee or any other person
- 4It must move at the desire of the promisor
Correct answer
It must be adequate in monetary terms
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