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Under the Indian Contract act 1872 _________ is the essential characteristic of a Contingent Contracta)Performance to depend only upon happening of some event in future.b)Performance to depend only upon non-happening of some event in future.c)Performance is dependent upon both happening and non-happening of some event in future.d)None of the above.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Under the Indian Contract act 1872 _________ is the essential characteristic of a Contingent Contracta)Performance to depend only upon happening of some event in future.b)Performance to depend only upon non-happening of some event in future.c)Performance is dependent upon both happening and non-happening of some event in future.d)None of the above.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under the Indian Contract act 1872 _________ is the essential characteristic of a Contingent Contracta)Performance to depend only upon happening of some event in future.b)Performance to depend only upon non-happening of some event in future.c)Performance is dependent upon both happening and non-happening of some event in future.d)None of the above.Correct answer is option 'C'. Can you explain this answer?.

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