section 31
"Contingent contract" defined.
The Indian Contract Act, 1872Civil1872268 sections11 chapters
Chapter III OF CONTINGENT CONTRACTS
Statutory text
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 Bs house is burnt. This is a contingent contract.
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