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Which of the following best defines consideration in a contract?
  1. An official notary seal
  2. A substantial cash payment from the buyer
  3. Something of value given in exchange for a promise or performance
  4. A written signature by both parties
Explanation

Consideration means each party gives or trades something of legal value (a promise, act, or forbearance).

It does not have to be money

Related MCQs

  1. Contract
  2. Accepted offer
  3. Approved promise
  4. Enforceable acceptance
اس سوال کو وضاحت کے ساتھ پڑھیں

  1. An official notary seal
  2. A substantial cash payment from the buyer
  3. Something of value given in exchange for a promise or performance
  4. A written signature by both parties
اس سوال کو وضاحت کے ساتھ پڑھیں

  1. No one can give what they do not have
  2. He who takes by force loses by law
  3. Both
  4. None
اس سوال کو وضاحت کے ساتھ پڑھیں

آئین ساز اسمبلی میں قرارداد مقاصد کس نے پیش کی؟
  1. Liaquat Ali Khan
  2. Quaid-e-Azam
  3. Abdul Ghuffar Khan
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں

سن 1973 کے آئین کے تحت پاکستان کے صدر کا انتخاب کون کرتا ہے؟
  1. National Assembly
  2. Provincial Assemblies
  3. Senate
  4. All of these
اس سوال کو وضاحت کے ساتھ پڑھیں

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