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    Question

    Contingent contracts are also known as

    ________________
    A Conditional contracts Correct Answer Incorrect Answer
    B Contractual contracts Correct Answer Incorrect Answer
    C Secondary contracts Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer
    E Both a & b Correct Answer Incorrect Answer

    Solution

    A contract is a contingent contract when the performance of the contract is based on an uncertain events or conditions happening in the future.

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