Contract Act, 1872 Section 31 | Contingent contract” defined.

Contract Act, 1872 Section 31

Contingent contract” defined.

A “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.

AccusedPOLICEPolice Officer
PAK🏠 ARBITER
Find Best Lawyer in Pakistan

LAW GAT TEST

We provide multiple practice sessions specifically designed to help aspiring lawyers prepare effectively for the Law GAT (Graduate Assessment Test) as per outline.

WhatsAppNeed Help?
حَسْبِيَ اللَّهُ لاَ إِلَهَ إِلاَّ هُوَ عَلَيْهِ تَوَكَّلْتُ وَهُوَ رَبُّ الْعَرْشِ الْعَظِيمِ

“Allah is sufficient for me. There is none worthy of worship but Him. I have placed my trust in Him. He is the Lord of the Majestic throne.”