Contracts contingent upon the happening of an Uncertain future Event within a fixed time becomes voi...........

Indian Contract Act (ICA)1872 Valid and Void Contracts

Contracts contingent upon the happening of an Uncertain future Event within a fixed time, becomes void

At the expiry of time fixed, if such event has not happened

Before the time fixed, such event becomes impossible

Either (a) or (b)

Neither (a) nor (b)

- Contracts contingent upon an uncertain event happening within a fixed time become void:

- At the expiry of the fixed time, if the event has not occurred.

- Before the fixed time if the event becomes impossible to occur.

- Option 1: The contract is void when the fixed time expires without the event occurring.

- Option 2: The contract becomes void before the fixed time if it is evident that the event cannot possibly occur.

- Option 3: This option is correct. A contract can be void due to either of the above reasons.

- Option 4: States that neither reason is correct, which is inaccurate.

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