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Question

Legal Studies Question on Laws of Contract

A _____________ is a contract to do or not to do something, if an uncertain future event happens. It also cannot be enforced by law unless and until that event has happened. If the event becomes impossible, such contracts become void.

A

Contingent contract

B

Quasi contract

C

Breach of contract

D

Voidable contract

Answer

Contingent contract

Explanation

Solution

The correct option is (A):Contingent contract.