Practicing Success
Practicing Success
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| Which of the following contract is also know as Conditional Contract? |
Unlawful contract Contingent Contract Wager Contract All of the above |
| Contingent Contract |
| Contingent contract, also called as Conditional contract, is a contract to do something or not to do something on the happening or non-happening of an event, which is collateral to the contract. Contingent contracts cannot be enforced until the uncertain future event happens. If the uncertain future event becomes impossible, contingent contracts become void. |
