A contingent contract dependent on the non happening of specified uncertain event within fixed time can be enforced if the event

Related MCQs

• A contingent contract depend on the happening of the future uncertain event can be enforced when the event;
• A contingent contract dependent on the non happening of a future uncertain event becomes void when such event
• An agreement to pay money money’s worth on the happening or non happening of a specified uncertain event is a
• A contract depend on the happening or non happening of the future uncertain event, is a
• In commercial transactions, time is considered to be of the essence of contract, and if the party fails to perform the contract within specified time, the contract becomes
• When after the formation of a valid contract, an event happens which makes the performance of contract impossible then the contract becomes
• A contingent contract is ;
• A agrees to pay Rs.1,00,000 to B if he brings a star from the sky. This is a contingent contract and
• A sells the goodwill of his business to B and agrees with him to refrain from carrying on a similar business within specified local limits. This contract is
• A agrees to pay Rs.1000 to B if a certain ship returns within a year. However, the ship sinks within the year. In this case, the contract becomes