Corey desperately needs to get to the airport and decides to take his neighbor Tanner's help.Tanner agrees to help and drives Corey to the airport.Upon arrival at the airport, Corey promises to pay Tanner $25 towards gas money.Which of the following contracts does Corey's promise fall under?
A)illegal consideration
B)illusory promise
C)preexisting duty
D)past consideration

Question

Quizplus · Accepted Answer

Corey's promise to pay Tanner $25 towards gas money is an example of past consideration. This is because Tanner had already provided the service of driving Corey to the airport before Corey made the promise, and thus Corey's promise is based on something that has already happened in the past.

Corey Desperately Needs to Get to the Airport and Decides