Q120
Which one of the following facts constitutes a Contingent Contract?
A.
A contracts to pay B Rs. 10,000 if B's house is burnt
AnswerB.
Where a salt lake was offered by way of lease on deposit of a sum of money within a specified period
C.
Acceptance of a tender for up to 1000 tons of coal to be supplied as and when any order is placed during the financial year
D.
When a bank offers a locker to its customer subject to the condition that the customer makes a fixed deposit of rupees one lac with the bank before the end of the month
Answer: Option A
Solution
Answer: Option A
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