Past consideration does not satisfy the requirement of mutuality of consideration but can satisfy an obligation in certain circumstances.

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Past consideration refers to something that has already been done or given before a contract is made. According to the principle of mutuality of consideration, both parties to a contract must give something of value in exchange for the other's promise. Therefore, past consideration does not satisfy this requirement of mutuality. However, under certain circumstances, past consideration can still be used to satisfy an obligation. For example, if a person promises to pay for work that was previously done but not yet paid for, the past consideration can be used to fulfill the obligation of payment.

Past Consideration Does Not Satisfy the Requirement of Mutuality of Consideration