Which one of the following is correct as per Section 31 of the Indian Contract Act 1872?
A contingent contract is a
A. Contract to do something only if some event, collateral to such contract, does not happen
B. Contract to do or not to do something, if some event, collateral to such contract happens
C. Contract to do or not to do something, if some event, collateral to such contract, does not happen
D. Contract not to do something, if some event, collateral to such contract happens
Answer: Option C
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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