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CHAPTER III OF CONTINGENT CONTRACTS

Section 31: “Contingent contract” defined

The Indian Contract Act, 1872

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 B’s house is burnt. This is a contingent contract.

Questions on this section

2 questions in 9 of our papers cite Section 31. Try these from the free papers:

  1. 1. Under Section 31 of the Indian Contract Act, 1872, a 'contingent contract' is a contract to do or not to do something if some event, ______ to such contract, does or does not happen. Fill in the blank.

  2. 2. Which of the following is NOT a contingent contract within the meaning of Section 31 of the Indian Contract Act, 1872?

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