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What is consideration

Definition Consideration Section 2(d) "When at the desire of the promisor, the promisee or any other person has done or abstained from doing, or does or abstains from doing or promises to do or abstain from doing something, such an act or abstinence or promise is called consideration for the promise"

 

Lets break the definition :

1.When at the desire of the promisor

2a. the promisee or any other person has done or abstained from doing [past tense]

2b. or does or abstains from doing [present tense]

2c. or promises to do or abstain from doing something[future tense]

3.such an act or abstinence or promise

4.is called consideration for the promise

Consideration definition 2(d) Indian Contract Act 1872. from meraskill
 
For full course check 
https://www.meraskill.com/ca-cpt/law/consideration

 

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