Valid consideration is NOT established by which of the following?
A)The consideration must be definite.
B)The consideration must be gratuitous.
C)The consideration must be possible.
D)The consideration must be present or future but not past.

Question

Quizplus · Accepted Answer

Gratuitous consideration means something given without expectation of receiving anything in return, and is not considered valid consideration in a contract. Therefore, option B is not a valid criterion for establishing valid consideration.

Valid Consideration Is NOT Established by Which of the Following