In force2023 Revised EditionCurrent version · 2023 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Contracts Act · 2023 Revised Edition · Part · Contingent Contracts
Contracts Act · 2023 Revised Edition · Part · Contingent Contracts
Official textFrom Attorney General's Chambers, unchanged
Contingent contracts to do or not to do anything if an uncertain future event happens cannot be enforced by law unless and until that event has happened.
If the event becomes impossible, such contracts become void.
Illustrations
A makes a contract with B to buy B’s horse if A survives C. This contract cannot be enforced by law unless and until C dies in A’s lifetime.
A makes a contract with B to sell a horse to B at a specified price if C, to whom the horse has been offered, refuses to buy him. The contract cannot be enforced by law unless C refuses to buy the horse.
A contracts to pay B a sum of money when B marries C. C dies without being married to B. The contract becomes void.
Spot a mistake in this text? Suggest a correction.
Part
Part
Part
Part
Part