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Contingent contracts - PowerPoint PPT Presentation

CONTINGENT CONTRACTS

CONTINGENT CONTRACTS. Contingent Contract(sec 31). A contingent contract is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen. It is also called a conditional contract. Essential Elements of a Contingent Contract :.

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Contingent contracts - PowerPoint PPT Presentation

CONTINGENT CONTRACTS