CLAT LLM 2014 Question Paper with answer key for online practice

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Question : 68 of 100

Marks: +1, -0

A tells B that he will pay him ₹ 1, 000 when he turns 30. Is this a contingent contract?

Yes, the payment is contingent upon the occurrence of an event
Yes, when B turns 30, a will pay him ₹ 1000
No, there is no consideration
No, B definitely will turn 30. There is no possibility of the event not happening. This is not a contingent contract.

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