Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:

Which of the following is a consideration ?

(A) Gift
(B) Price
(C) Sale deed
(D) Rent
(E) Property

Choose the correct answer from the options given below :

Options:

(A), (B), (D) only

(B), (C), (D) only

(B), (D), (E) only

(A), (C), (E) only

Correct Answer:

(B), (D), (E) only

Explanation:

The correct answer is Option (3) → (B), (D), (E) only

 

In contract law, consideration refers to something of value exchanged between parties, which can include money, services, or property.

Let's analyze the options:

  • (A) Gift: Not consideration in a contractual sense, as there is no exchange.
  • (B) Price: Yes, this is consideration, typically in sales contracts.
  • (C) Sale deed: No. This is a legal document, not consideration itself.
  • (D) Rent: Yes, this is a form of consideration in lease agreements.
  • (E) Property: Yes. Can be considered as consideration when involved in transactions, like sales.