Which of the following could not be used as consideration?
A) A kilogram of green beans
B) 50 cents
C) A promise to deliver three tons of steel
D) A promise to give up a legal right
E) Work that was done in the past

Question

Quizplus · Accepted Answer

Consideration in a contract must be something of value exchanged between the parties and must pertain to the future or present, not the past. Work done in the past does not constitute valid consideration for a new contract because it does not involve a new exchange of value.

Which of the Following Could Not Be Used as Consideration