38. Is a mutual promise a valuable consideration? Give an example of mutual promise.

39. Define past consideration. Give an example of past consideration.

40. Does a past consideration support a contract?

41. What is meant by adequate consideration?

42. Does a consideration have to be adequate to support a contract?

43. May adequacy of consideration be considered in determining whether or not fraud was used in procuring a contract?

44. Give an example of a promise to do something one is already bound to do.

45. Is a promise to do something one is already bound to do a sufficient consideration to support a contract?

46. Give an example of illegal consideration.