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      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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