CAF-4 · Chapter 7 · Question 1 of 12
A contract to do or not to do something, if some event, collateral to such contract, does or does not happen, is called a:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Contingent contract
Explanation
This is the legal definition of a contingent contract under Section 31.
More Contingent and quasi-contracts MCQs
- 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'?
- Q6A person who finds goods belonging to another and takes them into his custody, is subject to the same responsibility as a:
- Q7A person to whom money has been paid, or anything delivered, by 'mistake' or under 'coercion', must: