X agrees to pay Rs. 10,000 to B if a ship carrying imported consignment arrives the port within six months from the date of agreement. However, the ship carrying the imported material sank in the high sea in a major cyclone within 3 months. The contract becomes:

Void

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Voidable

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Illegal

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Wagering contract

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Solution

The correct option is A Void
In the present case, the subject matter of the agreement is that X will pay Y if a ship carrying imported consignment arrives at port within six months of agreement but here, the ship sank in the sea due to cyclone which is an act of god or Force Majeure and also this makes the contract void as the subject matter of the contract is non-existing.

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