Which one of the following is a contingent contract?
A. A' insures his factory against damage or destruction by fire
B. A' sells his property subject to the condition that the property will be reconvened to him on repayment of price with interest
C. A guard is appointed at a swimming pool for the sole purpose of rescuing drowning persons
D. A borrower solemnly promises to pay off the lender when the borrower will be in funds
Answer: Option A
This Question Belongs to Law >> Indian Contract Act
Indian Contract Act:- Gods displayed in showcase of a shop with price tag is -
A. Invitation to offer
B. Counteroffer
C. Communication
D. None of these
A. Is available to Y's representatives alone
B. Is available to Z alone
C. Is available to Y's representatives & Z both
D. Is available to Y's representatives & after the death of Z, his representatives
Moses v. Macferlan (1555-1774) is a case relating to
A. Theory of unjust enrichment
B. The right of lien
C. Test of agency
D. Doctrine of frustration
A. The active concealment of a fact by one having knowledge or belief of the fact
B. A promise made without any intention of performing it
C. The suggestion, as a fact, of that which is true, by one who does believe it to be true
D. None above
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