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Which of the following is not an exception to the principle of `no consideration, no contract?
  • a)
    Promise to pay time barred debt
  • b)
    Compensation for compulsory services
  • c)
    Complete gifts
  • d)
    Promise on account of love and affection
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which of the following is not an exception to the principle of `no con...
Correct answer is option B
Because in this there is a consideration because the service was rendered voluntarily in the past. It was rendered to the promisor. The promisor was in existence when the voluntary service was done (especially important when the promisor is an organization) The promisor showed his willingness to compensate the voluntary service.
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Which of the following is not an exception to the principle of `no consideration, no contract?a)Promise to pay time barred debtb)Compensation for compulsory servicesc)Complete giftsd)Promise on account of love and affectionCorrect answer is option 'B'. Can you explain this answer?
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