Which one of the following is correct as per Section 31 of the Indian Contract Act 1872? A contingent…
Section 31 of the Indian Contract Act defines a contingent contract as a "contract to do or not to do something, if some event, collateral to such contract, does or does not…
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Which one of the following is correct as per Section 31 of the Indian Contract Act 1872? A contingent contract is a
Answer and explanation
Correct answer C
Section 31 of the Indian Contract Act defines a contingent contract as a "contract to do or not to do something, if some event, collateral to such contract, does or does not happen".
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