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Which of the following statement is true?a)Consideration must result in a benefit to both partiesb)Past consideration is no consideration in Indiac)Consideration must be adequated)Consideration must be something, which a promisor is not already bound to doCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following statement is true?a)Consideration must result in a benefit to both partiesb)Past consideration is no consideration in Indiac)Consideration must be adequated)Consideration must be something, which a promisor is not already bound to doCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statement is true?a)Consideration must result in a benefit to both partiesb)Past consideration is no consideration in Indiac)Consideration must be adequated)Consideration must be something, which a promisor is not already bound to doCorrect answer is option 'D'. Can you explain this answer?.

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