Consideration can be described as:
A) Conscientious dealing
B) An exchange of valuable promises
C) The need to pay in cash
D) The opposite of an offer

Name: Consideration can be described as: A) Conscientious dealing B) An exchange of valuable promises C) The need to pay in cash D) The opposite of an offer
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Question

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The doctrine of consideration implies that a contract is formed via an exchange of valuable promises. See Dunlop Pneumatic Tyre Co Ltd v Selfridge & Co Ltd [1915] AC 847, Stone par 3.6

Consideration Can Be Described As