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of <h1>Understanding Contingent Contracts: Section 32 of Indian Contract Act 1872 and Their Dependency on Future Events</h1> Contingent contracts, as defined under Section 32 of the Indian Contract Act, 1872, are agreements that depend on the occurrence of an uncertain future event. Such contracts are not legally enforceable until the specified event occurs. If the event becomes impossible, the contract is rendered void. For instance, a contract to purchase a horse contingent on a third party's refusal to buy it is enforceable only if the third party declines. Similarly, a contract to pay money upon a marriage becomes void if the marriage cannot occur due to the death of one party.
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