Question

Promises which form the consideration or part of the consideration for each other are called

• A. Reciprocal promises
• B. Cross offer
• C. Conditional offer
• D. Conditional promises

Hint:

Reciprocal promises involve mutual obligations, like payment and delivery in a sale contract.

Answer 1

The Correct Option is A

Under Section 2(f) of the Indian Contract Act, 1872, promises that form the consideration or part of the consideration for each other are called reciprocal promises, as they mutually support the agreement. Thus, the correct answer is: \[ {\text{Reciprocal promises}} \]