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CMA Foundation · Fundamentals of Business Laws and Business Communication · Contingent Contracts

Under Section 34 of the Indian Contract Act, 1872, when is a contract contingent on the way a person will act at an unspecified time treated as having its event become impossible?

The event is treated as impossible when the person does something that makes it impossible for him to act in that way within any definite time, or except under further contingencies. No court declaration, notice or death is required.

  1. AWhen that person does something that makes it impossible for him to act in that way within any definite time, or otherwise than under further contingenciesCorrect
  2. BOnly when that person dies
  3. COnly when a court declares the event impossible
  4. DWhen the promisee gives notice that he no longer expects the event

Explanation

Section 34 says the event is considered impossible when the person does anything that makes it impossible for him to so act within any definite time, or otherwise than under further contingencies. Death is not the only trigger, and no court declaration or notice is required.

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