- 1 Marks
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
Find Related Questions by Tags, levels, etc.
- Tags: Assurance, Contract, Event Bound to Happen, Legal Agreements
- Level: Level 1
- Topic: Law of Contract
- Series: MAY 2021
