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A contingent contract dependent on the non-happening of a future uncertain event becomes void when such event
  • a)
    happens
  • b)
    does not become impossible
  • c)
    does not happen
  • d)
    both (a) and (b)
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
A contingent contract dependent on the non-happening of a future uncer...
Where the performance of a contingent depends on the happening of an uncertain future event, it cannot be enforced till the event takes place. And if the happening of the event becomes impossible,such contracts become void
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A contingent contract dependent on the non-happening of a future uncertain event becomes void when such eventa)happensb)does not become impossiblec)does not happend)both (a) and (b)Correct answer is option 'D'. Can you explain this answer?
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A contingent contract dependent on the non-happening of a future uncertain event becomes void when such eventa)happensb)does not become impossiblec)does not happend)both (a) and (b)Correct answer is option 'D'. 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 A contingent contract dependent on the non-happening of a future uncertain event becomes void when such eventa)happensb)does not become impossiblec)does not happend)both (a) and (b)Correct answer is option 'D'. 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 A contingent contract dependent on the non-happening of a future uncertain event becomes void when such eventa)happensb)does not become impossiblec)does not happend)both (a) and (b)Correct answer is option 'D'. Can you explain this answer?.
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