Multiple choice

A agrees to pay B Rs. 1 Lakh if X is not made the Prime Minister after he wins in the general election for choosing members of Parliament. According to the Contract Act, this is a contingent contract under

  1. S. 35

  2. S. 34

  3. S. 33

  4. S. 32
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

This is a contingent contract according to section 32 of the Indian contract act. It states that contingent contracts to do or not to do anything if an uncertain future event happens cannot be enforced by law unless and until that event has happened." If the event becomes impossible, such contracts become void. 

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