Which of the following statements is true about positive consideration?

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Positive consideration refers to something of value that is exchanged between parties in a contract, which helps establish mutual assent and binding obligations. This action may include payments, services, or promises that have intrinsic value.

B is the correct statement because it accurately describes one of the key elements of a valid contract—consideration must involve tangible or intangible value, which can manifest as payments or actions taken by the parties involved.

The other statements do not align with the definition of positive consideration. For instance, involvement in non-action contradicts the essence of consideration, which requires some form of action or commitment. The idea that positive consideration is irrelevant to contract validity is incorrect, as consideration is essential for a contract to be legally binding. Furthermore, while it is important that consideration comes from a legal source, this statement suggests an aspect of legality that is more about the sufficiency rather than the nature of consideration itself, making it less relevant to the primary definition of positive consideration.

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