New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A collateral event is an

    event
    A It is the entire consideration for the promise Correct Answer Incorrect Answer
    B The performance for which is directly promised Correct Answer Incorrect Answer
    C Contract is neither part of promise nor consideration Correct Answer Incorrect Answer
    D The performance for which is agreed upon by the parties in a Court of Law Correct Answer Incorrect Answer

    Solution

    A collateral event is an event which is neither part of promise or consideration.

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