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Contingent PDF
Contingent PDF
Mercantile Law
CONTINGENT CONTRACTS
Section 31of the Indian Contract Act defines
contingent contract as A contract to do
or not to do something if some event,
collateral to such contract, does or does
not happen
So in simple words, it may be defined as a
conditional contract.
a. Contract of indemnity
b. Contingent contract
c. Wagering agreement
d. Uncertain agreement
a. Contract of indemnity
b.Contingent contract
c.Wagering agreement
d.Uncertain agreement