alleryStart learning →A promises to deliver goods after a week and B promises to pay a fortnight later. This consideration is
APast
BPresent
CFuture
DIllusory
Answer & Solution
Correct answer: C. Future
Both performances are to occur after the contract is made, so the consideration is future.
Keep practising Consideration
Browse all Consideration questions for CA Foundation, or explore more Businesslaw topics.
Related questions
In Beswick v Beswick, what remedy was granted for a term benefiting a non-party?In which case did Cardozo hold that no privity is needed for a dangerous defective productWhich is a recognised common law exception to the privity rule?Mrs Donoghue could not sue under the contract for a bottle with a snail, so she sued the mWhich doctrine states a contract cannot confer rights or obligations on a non-party?Which international instrument expressly rejects the doctrine of consideration?A bonus clause in a contract rewards the contractor forB pays A $5,000 to hold a script exclusively for a year, with $50,000 more if B produces i