If A promises to pay B Rs 10 000 if he so chooses it is a contingent contract ........

Indian Contract Act (ICA)1872 Contingent Contracts

If A promises to pay B Rs 10,000 if he so chooses, it is a contingent contract

True

Partly True

False

None of the above

- In a contingent contract, the performance is based on a specific event occurring or not occurring. It's conditional and not entirely at will.

- Option 1: True - A contract where payment depends on B's choice is not based on a specific event. Hence, not contingent.

- Option 2: Partly True - The statement does not fit partially either, since a contingent contract must depend wholly on a contingent event.

- Option 3: False - This is correct. The contract is not contingent as it's not dependent on an external event but on B’s free will.

- Option 4: None of the above - Since Option 3 is correct, this is not appropriate here.

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