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Which type of cases are exempted from consideration? |
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Answer» The agreements are enforceable even though they are made without consideration, (according to Sec. 25). Such cases are : 1. A promise to pay for a past voluntary service is binding. 2. Promise to pay a time-bound debt. 3. No consideration is necessary to create an agency. 4. When there is contract of donation, or completed gift, no consideration is required. 5. A written and registered agreement based on natural love and affection between near relatives. |
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