When after the formation of a valid contract, an event happens which makes the performance of contract impossible then the contract becomes

Related MCQs

• A contingent contract dependent on the non happening of a future uncertain event becomes void when such event
• 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
• 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 specified uncertain event within fixed time can be enforced if the event
• On the valid performance of the contractual obligations by the parties, the contract;
• A, B and C jointly promised to pay Rs.6000 to D. Before the performance of the contract, C dies. Here the contract;
• 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
• Anuj agrees to pay Rs10,000 to Manoj if a certain ship returns within a year. However, the ship sinks within the year. In this case, the contract becomes:
• Where the performance of a promise by one party depends on the prior performance of promise by the other party, such reciprocal promises fall under category of
• A contract depend on the happening or non happening of the future uncertain event, is a