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Becomes void when the event becomes impossible, Reason: The word contingent means when an event or situation is contingent, i.e. it depends on some other event or fact. It means that the enforceability of that contract is directly depends upon happening or not happening of an event. Section 31 of the Contract Act defines contingent contract as a contract to do or not to do something, if some event collateral to such contract does or does not happen.
Which of the following is a key feature of Blockchain technology?
Who was the first Indian to receive the Bharat Ratna?
Consider the following statements about economic growth and development:
1. Economic growth refers to a quantitative increase in a country’s ou...
Consider the following statements about inflation:
1. Inflation occurs when prices are generally increased across the economy.
2. An incre...
Pilibhit Tiger Reserve, recently seen in the news, is located in which state?
Which financial institution introduced 'eSvarna,' recognized as India's inaugural Corporate Credit Card on the RuPay network?
Of the following, which country is not part of SAARC?
