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Index >> Letter C  
       
Contingent contract : meaning
 
 

Contingent contract is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen.

Illustration

A contracts to pay B Rs. 10,000/- if B's house is burnt. This is a contingent contract.

 

 

 

   

   
 
   

   
   
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