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    Question

    What are the essentials of contingent

    contract?
    A Event must be certain Correct Answer Incorrect Answer
    B Event must be secondary to the contract Correct Answer Incorrect Answer
    C Performance of contract depends on the happening or non-happening of some event in the future Correct Answer Incorrect Answer
    D All a b & c Correct Answer Incorrect Answer
    E Both b & c Correct Answer Incorrect Answer

    Solution

    Section 31. A “contingent contract” is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen.

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