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A contingent contract dependent on the happening of a future uncertain event can be enforced when the event -
Question

A contingent contract dependent on the happening of a future uncertain event can be enforced when the event -

A.

Happens

B.

Becomes impossible

C.

Does not happen

D.

None of the above

Correct option is A


A contingent contract is a type of contract that depends on the occurrence or non-occurrence of a future uncertain event. Under Section 32 of the Indian Contract Act, such a contract can be enforced only when the event happens. If the event does not happen or becomes impossible, the contract becomes void.
Information Booster:
In a contingent contract, the obligation to perform depends on a future event that is uncertain. The contract can only be enforced when the specified event takes place. For example, a contract for the sale of goods contingent upon a ship arriving in port can only be enforced if the ship indeed arrives.
Additional Knowledge:
· Becomes impossible (b): If the event becomes impossible, the contract is void and cannot be enforced.
· Does not happen (c): If the event does not happen, the contract cannot be enforced.

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