Question
What type of contract is created when the performance of
an existing contract depends on the occurrence or non-occurrence of a collateral and uncertain future event?Solution
Contract Act, Section 31- 36: Contract to do or not to do something if some event, collateral to such contract does or does not happen. These are conditional contract as they are dependent on an uncertain future event which must be collateral to the contract.
Which two countries signed an MoU to diversify critical minerals supply chains in 2024, with a focus on reducing reliance on China?
Which state in India launched KITE GNU Linux 22.04, a customized version of Ubuntu, for public schools?
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Where did the World Governments Summit take place in 2024 under the theme 'Shaping Future Governments'?
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In which city was India’s first 3D Selfie Science Museum launched in 2024?
