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1

A contingent contract dependent on the happening of uncertain event in the future can be enforced when the event-

A

Happens
B

Becomes impossible
C

does not happen
D

none of the above is correct

2

A contingent contract dependent on the happening of future uncertain event can be enforced when the event

A

happens
B

becomes impossible
C

does not happen
D

none of the above

3

Insurance is a:

A

Contingent contract
B

Wagering contract
C

Contract of indemnity
D

Contract of guarantee

4

Which one of the following is a contingent contract? pay off the: lender when the borrower will be in funds

A

'A' inures his factory against damage or destruction by fire
B

'A' sells his property subject to the condition that the property will be reconveyed to him on repayment of price with interest
C

A guard is appointed at a swimming poo) for the sole purpose of rescuing d rowning persons
D

A borrower solemnly promises to

5

A contracts to pay B Rs.1000/-if B's house is burnt.

A

The contract is void
B

It is contingent contract
C

It is voidable contract
D

None of the above.