- 1 Marks
Question
A contract under seal need NOT to be supported by
A. Consideration
B. Petitioner
C. Offer
D. Acceptance
E. Capacity
Answer
Answer: A. Consideration
Explanation:
A contract under seal, also known as a “deed,” does not require consideration to be enforceable. It is binding once signed, sealed, and delivered. Consideration is a necessary component of other contract forms but not for contracts under seal. Thus, the correct answer is A. Consideration.
- Tags: Contracts, Contracts under Seal, Law of Contract
- Level: Level 1
- Topic: Law of Contract
- Series: MAY 2022
- Uploader: Kwame Aikins