When are promises based on past consideration enforceable?
A) Never
B) When enforcement is necessary to avoid injustice
C) When an illusory promise is made
D) When a sale of goods is involved
E) Always

Question

Quizplus · Accepted Answer

Past consideration is generally not considered valid consideration for a new contract. However, a promise based on past consideration may be enforceable when it is necessary to avoid injustice, provided that the promise was made regarding a past event that the promisor was legally obligated to compensate for or that created a moral obligation to act.

When Are Promises Based on Past Consideration Enforceable