Back to the text
Contracts Act · s 32
Suggest a correction
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Contracts Act · s 32
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
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 $10,000 if B’s house is burnt. This is a contingent contract.
Contracts