Question

'M' tells 'N to retire from services and pave way for the appointement of M for the post that N was serving. In return of that,M promises to pay Rs. 10,000/- is this a valid agreement

Answer 1

Answer:

When, at the desire of the promisor, the promisee or any other person has done or abstained from doing, or does or abstains from doing, or promises to do or to abstain from doing, something, such act or abstinence or promise is called a consideration for the promise.

In this case it would be a legal agreement. If 'He desires it would be totally valid as it is not enforsable

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