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Contingent contracts MCQs with Answers

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Question 1

Under the Indian Contract Act, 1872, a contract of life insurance is a:

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Question 2

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 -

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Question 3

Which one of the following is correct as per Section 31 of the Indian Contract Act 1872? A contingent contract is a

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Question 4

Contingent contract is defined in

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Question 5

Which of the following is not correct about the nature of contingent contract?

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Question 6

'A' agrees to pay 'B' a sum of money if a certain cruise does not return. The cruise is sunk. Based on the given facts, which of the following statement is correct?

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Question 7

Which of the following is correct regarding a contingent contract?

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Question 8

'A' promises to pay 'Y' a sum of money if a certain ship returns within a year. Based on the given facts, which of the following statement is not correct?

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Question 9

'A' agrees to pay 'Z' an amount of Rs. 2 lakhs if 'Z' marries 'B'. 'B' was dead at the time of the said agreement between 'A' and 'Z'. Based on the given facts, which of the following statement is correct?

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Question 10

Which of the following statement correctly describes the difference between wagering agreements and contingent contracts?

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  • Chhattisgarh Judicial Services

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