Business Studies, asked by alphiee, 2 months ago

explain the essential elements of a valid consideration?​

Answers

Answered by SamrudhiDalvi
3

Answer:

In accordance with Section 2(d), the essential features of a valid consideration are as follows: 1) It is given 'at the desire of the promisor'; ... 3) It can be past, present or future consideration; 4) It must be real and possess value.

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