A contingent contract dependent on the non happening of a future uncertain event becomes void when such event

Related MCQs

• A contingent contract dependent on the non happening of specified uncertain event within fixed time can be enforced if the event
• A contingent contract depend on the happening of the future uncertain event can be enforced when the event;
• A contract depend on the happening or non happening of the future uncertain event, is a
• An agreement to pay money money’s worth on the happening or non happening of a specified uncertain event is a
• When after the formation of a valid contract, an event happens which makes the performance of contract impossible then the contract becomes
• 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
• As per Section 20, the contract is void, on account of bilateral mistake of fact. But as per Section 22, if there is mistake of only one party, then the contract is;
• 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 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