Event Bound to Happen – NBC Institute

BL – May 2021 – L1 – SA – Q15 – Law of Contract

Identifying the type of contract for a sum of money to be received after an inevitable event.

Question

A contract by which the representative of a party is to receive a specific sum of money on the occurrence of an event that is bound to happen is a contract of:

A. Insurance
B. Novation
C. Compensation
D. Assurance
E. Quantum meruit

Answer

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Tags: Assurance, Contract, Event Bound to Happen, Legal Agreements
Level: Level 1

Topic: Law of Contract
Series: MAY 2021

Question Tag: Event Bound to Happen

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BL – May 2021 – L1 – SA – Q15 – Law of Contract

Identifying the type of contract for a sum of money to be received after an inevitable event.

BL – May 2021 – L1 – SA – Q15 – Law of Contract

Identifying the type of contract for a sum of money to be received after an inevitable event.

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Question Tag: Event Bound to Happen

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BL – May 2021 – L1 – SA – Q15 – Law of Contract

Identifying the type of contract for a sum of money to be received after an inevitable event.

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Identifying the type of contract for a sum of money to be received after an inevitable event.

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