Contingent contracts:
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. (sec31)
Illustration: A contracts to pay B Tk 10000, if B’s house is burnt. This is a contingent contract.
Showing posts with label Contingent Contract. Show all posts
Showing posts with label Contingent Contract. Show all posts
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