Multiple choice

A contingent contract is

  1. void

  2. voidable

  3. valid

  4. illegal
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A contingent contract is a valid contract under the Indian Contract Act, 1872. It depends on the happening or non-happening of some uncertain future event collateral to the contract. The contract becomes enforceable only when the contingent event occurs.

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