A contract of indemnity is a ___________.

contingent contract

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wagering contract

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quasi contract

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void agreement.

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Solution

The correct option is A contingent contract
A contingent contract is a contact to do or not to do something,if some event, collateral to such contract, does or does not happen.

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Similar questions

Which of the following is not applicable in life insurance contract?

(a) Conditional contract

(b) Unilateral contract

(d) None of the above

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