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Anis agrees to sell her motorcycle to Shakhila for RM15,000 and Shakhila agrees to pay RM15,000 for the motorcycle.This is a situation where the parties

Anis agrees to sell her motorcycle to Shakhila for RM15,000 and Shakhila agrees to pay RM15,000 for the motorcycle.This is a situation where the parties have exchanged their promises to perform acts in the future. A promise in exchange for a promise is known as a_____________________________
Answer

a. past consideration

b. executed consideration

c. promising consideration

d. executory consideration

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