A tells B that he will pay him Rs. 1,000 when he turns 30. Is this a contingent contract?
A. Yes. The payment is contingent upon the occurrence of an event.
B. Yes. When B turns 30, A will pay him Rs. 1,000.
C. No. There is no consideration.
D. No. B definitely will tum 30. There is no possibility of the event not happening. This is not a contingent contract.
Answer: Option A

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