Multiple choice

Which of the following is not an example of contingent contract?

  1. A contracts to pay a sum of Rs 1,00,000 to B, if B's factory is burnt.

  2. P agrees to purchase furniture from Q at Rs. 4,000.

  3. R agrees to pay a sum of Rs 2,50,000 to S, if S adopts a child.

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Right answer because this is not a contingent contract. It is not dependant on hapening of  an event. P would purchase furniture from Q at Rs 4,000 and there is no condition that P would purchase furniture from Q on happening of an event only.