CAF-4 · Chapter 7 · Question 11 of 12
A contingent contract to do something if a specified uncertain event DOES NOT happen within a fixed time can be enforced when:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Both A and B.
Explanation
Section 35 states such contracts can be enforced when the time expires without the event happening, or if it becomes certain the event won't happen before the time is up.
More Contingent and quasi-contracts MCQs
- Q1A contract to do or not to do something, if some event, collateral to such contract, does or does not happen, is called a:
- Q2A contingent contract to do something if an uncertain future event happens can be enforced by law:
- Q3If a contingent contract is based on an event which becomes 'impossible', the contract becomes:
- Q4Azam promises to pay Babar Rs. 10,000 if Babar marries Chanda. Chanda marries David. What happens to the contract between Azam and Babar?
- Q5Which of the following is NOT a characteristic of a 'quasi-contract'?