1. Which of the following statement is false? Consideration:
(a) Must move at the desire of the promisor. (b) May move from any person
(c) Must be illusory (d) Must be of some value
2. Consideration must move at the desire of
(a) Promisor (b) Promisee
(c) Any other person (d) Any of these
3. Consideration may be
(a) Past (b) Present
(c) Future (d) All of the above
4. Consideration in simple term means:
(a) Anything in return (b) Something in return
(c) Everything in return (d) Nothing in return
5. Which of the following is not an exception to the rule - No consideration, No Contract
(a) Compensation for involuntary services (b) Love & Affection
(c) Contract of Agency (d) Gift
6. Past consideration means
(a) Consideration and promise should move together
(b) Executed consideration
(c) Consideration is provided prior to the making of the contract
(d) Invalid consideration
7. A contract without consideration under Section 25 is:
(a) void (b) voidable
(c) valid (d) illegal
Answers to MCQs
1. (c) 2. (a) 3. (d) 4. (b) 5. (a)
6. (c) 7. (c)