Business Studies, asked by smitabhutak, 4 months ago

Past consideration means

Answers

Answered by kiara9514
0

Past consideration is consideration that has already flowed from the promisee to the promisor. That is, the promisee's act or forbearance predates the promisor's promise. Past consideration therefore cannot be used as a basis when claiming damages.

Answered by jaipeter
18

Answer:

Past consideration is consideration that has already flowed from the promise to the promiser.

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