Question:
A contracts with B to pay Rs. 15,000, if B’s house is burnt. The contract is:
A contracts with B to pay Rs. 15,000, if B’s house is burnt. The contract is:
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Contingent contract = depends on uncertain event (Sec. 31).
Updated On: Jun 4, 2025
- Contingent
- Simple
- Conditional
- None of the above
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The Correct Option is A
Solution and Explanation
A contract dependent on an uncertain event (e.g., house burning) is a contingent contract under Section 31 of the Indian Contract Act.
\[ \boxed{\text{Contingent}} \]
\[ \boxed{\text{Contingent}} \]
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