Thursday, 25 February 2016

Cima C05 Exam Question No 43

Question No 43:

 Which of the following examples of performance amounts to good consideration?
  • i. The performance of an existing duty under the general law.
  • ii. The performance of an existing contract in return for a promise by a third party.
  • iii. The performance of an act, followed by a promise to pay for that act.
A. i only.
B.
ii only.
C.
i and ii only.
D.
iii only.

Answer: B

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