QuestionsCategory: QuestionsExplain Characteristics of Contingent contract?
Pooja Negi asked 5 months ago

Characteristics of Contingent contract

1 Answers
Aftab Alam answered 5 months ago

There are many Characteristics of Contingent contract. Some are the following:
1. Its performance depends upon the happening or non-happening in the future of some event.
2. The event must be uncertain.
3. The uncertain future event must be collateral to the contract.

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