Question

In which of these situations a contract becomes void?

• A. Supervening impossibility of an act
• B. Contract contingent on happening of an uncertain event
• C. In both the situations
• D. In none of the situations

Answer 1

Answer: (C)

In both the situations

Any contract depending upon the possibility of the event prescribed is valid unless the event is impossible or if the contract is contingent on happening of an uncertain event which is wagering contract void under section 30 of the Contract Act, 1872. In the aforementioned both the cases the contract becomes void in nature.