New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Contingent contracts to do or not to do anything if an

    uncertain future event happens ________
    A Can be enforced by law even if that event has not happened Correct Answer Incorrect Answer
    B Cannot be enforced by law unless and until that event has happened Correct Answer Incorrect Answer
    C Can be enforced when the happening of that event becomes impossible Correct Answer Incorrect Answer
    D Can be enforced when the happening of that event becomes possible Correct Answer Incorrect Answer
    E Can be enforced at anytime which the parties may mutually decide Correct Answer Incorrect Answer

    Solution

    Section 32.   Enforcement of contracts contingent on an event happening: Contingent contracts to do or not to do anything if an uncertain future event happens cannot be enforced by law unless and until that event has happened. If the event becomes impossible, such contracts become void.

    Practice Next