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Under Section…. of the Indian Contract Act, 1872, contingent contracts are defined as follows: “If two or more parties enter into a contract to do or not do something, if an event which is collateral to the contract does or does not happen, then it is a contingent contract.” Which section are we talking about?

Option: 1

Section 31


Option: 2

Section 32


Option: 3

Section 33


Option: 4

Section 34


Answers (1)

best_answer

Section 31 of the Indian Contract Act, 1872 saya about event which is collateral to the contract, does or does not happen, then it is a Contingent contract. Hence correct option is a.

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sudhir.kumar

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