Multiple choice

Which of the following is an example of reciprocal contract?

  1. S promises to pay a sum of Rs 3,000 to T, if T discovers his treasure by magic.

  2. A and B contract that A shall complete a project for B at a fixed price.

  3. C promises to pay a sum of Rs 30,000 to D, if he wins the cricket match.

  4. None of these

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

Right answer because it is an example of reciprocal contract, as it consists of reciprocal promise to be simultaneously performed. A's promise to complete the project must be performed before B's promise to pay for it.