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Regarding consideration, the following questions can help determine whether there is a contract rather than a gratultous promise:

Is the consideration past consideration?

$2$ Is the proposed consideration legal?

Is there consideration flowing in both directions?

Does it have value in each direction?

If not, is there an exception?

Multiple Choice

Numbers $1$ to $5$ are vital, no exceptions.

Any one of numbers $1$ to $5$ determine there is a contract.

Numbers $1$ to $4$ are vital, $5$ is optional.