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    Quasi & Contingent

    Uploaded by

    Wafa Sehbai
    The document contains summaries of 8 legal cases related to contingent contracts. For each case, the document provides the key details of the case, the legal principles or judgements applied, and the conclusion. Some key points are: 1) Contingent contracts where performance depends on an uncertain future event can be enforced once that event occurs, but not before. 2) Contingent contracts become void if the contingent event becomes impossible to occur. 3) Parties are obligated to fulfill their commitments in a contract, and can be sued for breach of contract if they fail to do so. 4) Mistakes about the nature of a contract can make the contract voidable.

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    Quasi & Contingent

    Uploaded by

    Wafa Sehbai
    107 views3 pages
    The document contains summaries of 8 legal cases related to contingent contracts. For each case, the document provides the key details of the case, the legal principles or judgements applied, and the conclusion. Some key points are: 1) Contingent contracts where performance depends on an uncertain future event can be enforced once that event occurs, but not before. 2) Contingent contracts become void if the contingent event becomes impossible to occur. 3) Parties are obligated to fulfill their commitments in a contract, and can be sued for breach of contract if they fail to do so. 4) Mistakes about the nature of a contract can make the contract voidable.

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    Business Law

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    The document contains summaries of 8 legal cases related to contingent contracts. For each case, the document provides the key details of the case, the legal principles or judgements applied, and the conclusion. Some key points are: 1) Contingent contracts where performance depends on an uncertain future event can be enforced once that event occurs, but not before. 2) Contingent contracts become void if the contingent event becomes impossible to occur. 3) Parties are obligated to fulfill their commitments in a contract, and can be sued for breach of contract if they fail to do so. 4) Mistakes about the nature of a contract can make the contract voidable.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    107 views3 pages

    Quasi & Contingent

    Uploaded by

    Wafa Sehbai
    The document contains summaries of 8 legal cases related to contingent contracts. For each case, the document provides the key details of the case, the legal principles or judgements applied, and the conclusion. Some key points are: 1) Contingent contracts where performance depends on an uncertain future event can be enforced once that event occurs, but not before. 2) Contingent contracts become void if the contingent event becomes impossible to occur. 3) Parties are obligated to fulfill their commitments in a contract, and can be sued for breach of contract if they fail to do so. 4) Mistakes about the nature of a contract can make the contract voidable.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Name: Wafa Sehbai Course: Corporate & Business Law

    Reg No: 20201-27612 Instructor: Sir M. Asadullah

    1. A contracts to pay B Rs. 10,000 if B’s house is burnt. What type of contract is this?

    Judgement: The object of an agreement will be unlawful if it tends to injure a person or the
    property of another.
    A contract, the performance of which is contingent on the happening of an uncertain future event,
    cannot be enforced by law unless and until that event has happened.
    Conclusion: Upon judgement, it has been concluded that it is a valid contingent contract as the
    consent is present.

    2. A makes a contract with B to sell a horse to B at a specified price if C to whom the horse
    has been offered, refuses to buy him. C refused to buy. What type of contract is this and
    now what are the obligations on party A and B?

    Judgement: A contract, the performance of which is contingent on the happening of an uncertain


    future event, cannot be enforced by law unless and until that event has happened. If the event
    becomes impossible, such contracts become void.
    Conclusion: Upon judgement , it is concluded that it is a valid contingent contract and upon
    refusal of C , A and B have entered into an agreement therefore A should sell the horse to B at a
    specified price.

    3. A contract to pay B a sum of money when B marries C. C dies without being married to B.
    B sues A for the asking amount. What is the legitimacy of this contract?
    Judgement: A contract, the performance of which is contingent on the happening of an
    uncertain future event, cannot be enforced by law unless and until that event has happened. If the
    event becomes impossible, such contracts become void.
    Conclusion: Upon judgement it has been concluded that the contract is void since C has died
    and it is now impossible for B to marry C.

    4. A agrees to pay B a sum of money if a certain ship does not return. This ship is sunk. A
    refused to pay B. What is the standing of this contract?
    Judgement: A contract the performance of which is contingent on the non-happening of a certain
    future event can be enforced when the happening of that event becomes impossible and not
    before.
    Conclusion: Upon judgement, it has been concluded that it is a valid contract and will be
    enforceable by law.
    5. A promises to pay B a sum of money if a certain ship returns within a year. The ship
    returns after 370 days, now B is asking for the payment of A. what are the obligations of A
    now?
    Judgement: Contingent contracts to do or not to do anything if a specified uncertain event
    happens within a fixed time become void if at the expiration of the time fixed such event has not
    happened or if before the time fixed such event becomes impossible
    Conclusion: Upon judgement, it has been concluded that A is not obliged to pay B as it is 5 days
    over the time that was fixed in order for the contract to be enforceable.

    6. A agrees to pay B Rs. 1,000 if two straight lines should enclose a space. What is the
    legitimacy of this contract?
    Judgement: The consideration must be real and not illusory. 
    Contingent contracts to do or not to do anything if a specified uncertain event happens within a
    fixed time become void if at the expiration of the time fixed such event has not happened or if
    before the time fixed such event becomes impossible.

    Conclusion: Upon judgement, it has been concluded that the contract is void because it is
    impossible for straight lines to enclose a space therefore it is not realistically applicable.

    7. A roofing company to complete a specific task. As that task is being completed, the
    roofing company uncovers a leak that needs to be fixed. The roofing company fixes that
    leak and, when it comes time for payment, the school district only pays the roofing
    company for that initial, specific task, and not the work surrounding the leak in the roof.
    Can a roofing company sue?
    Judgement: Where a person lawfully does anything for another person, or delivers anything to
    him, not intending to do so gratuitously and such other person enjoys the benefit thereof, the
    latter is bound to make compensation to the former in respect of, or to restore, the thing so done
    or delivered.
    An act done without the desire of the promisor cannot constitute a valid consideration. 
    A contract is voidable when there is a mistake relating to the nature of the contract 
    Conclusion: Upon judgement, it has been concluded that according to the Quasi contract roofing
    company can sue the school to pay them for the leakage that they fixed. It is also a unilateral
    mistake because roofing company was not aware of the nature of the contract and exceeded
    what was asked of them

    8. Mary tells Alex that she will hire him to work as a web developer if he moves to be closer
    to her business. They forego any sort of formal agreement, as Mary assures Alex they'll
    work out the details when he arrives.  Alex proceeds to quit his current job, move a
    thousand miles away, and rent a new apartment. When he meets with Mary, she tells him
    she doesn't have a job for him.
    Judgement: If the future event on which a contract is contingent is the way in which a person will
    act at an unspecified time, the event shall be considered to become impossible when such
    person does anything which renders it impossible that he should so act within any definite time or
    otherwise than under further contingencies.
    Parties to a lawful contract are bound to perform their respective obligations. But when one of the
    parties refuses to perform his obligations he is said to have committed a breach of the contract.

    Conclusion: Upon judgement it has been concluded that it is a valid offer and Alex can sue Mary
    for not offering him a job and not fulfilling her part of the contract. The remedy can be used for
    breach of contract and Mary can be asked for specific performance as a remedy.

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