Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Judiciary

Question:

Choose the correct statements from the following:

(A) In contingent contract, there is always reciprocal promise
(B) Third parties may have an interest in contingent contract
(C) Contingent contracts are never wagering
(D) If the uncertain future event becomes impossible, contingent contracts become valid

Choose the correct answer from the options given below:

Options:

(B) and (C) Only

(A) and (C) Only

(A) and (B) Only

(A) and (D) Only

Correct Answer:

(B) and (C) Only

Explanation:

The correct answer is Option (1) → (B) and (C) Only