TMI Blog"Contingent contract" definedX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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