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CSEET · Business Laws and Management · Elements of Law of Contracts

Match the contingent contract in Column I with its position in Column II. Column I: (P) Pay Rs. 1 lakh if a ship does not return; the ship is sunk. (Q) Pay money if a ship returns within a year; the ship is burnt within the year. (R) Buy a horse if A survives C; C has not yet died. (S) Pay money if a ship does not return within a year; the year expires and it has not returned. Column II: (1) Enforceable now (2) Void (3) Not enforceable yet

The correct matching is P-1, Q-2, R-3, S-1. A contract on a ship not returning is enforceable once the ship sinks, one on its return becomes void if it is burnt, a survivorship contract waits for C's death, and a no-return-within-a-year contract is enforceable after the year ends.

  1. AP-1, Q-2, R-3, S-1Correct
  2. BP-2, Q-1, R-3, S-1
  3. CP-1, Q-2, R-1, S-3
  4. DP-3, Q-2, R-3, S-1

Explanation

P: Section 33 allows enforcement when the event becomes impossible, and the sinking does so, so it is enforceable. Q: under Section 35 the contract becomes void since the event became impossible before the time fixed. R: under Section 32 it cannot be enforced until C dies in A's lifetime. S: under Section 35 it may be enforced once the time has expired without the event.

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