In the context of contingent interest in case of happening of a uncertain event or if a specified uncertain event shall not happen, such person acquires a contingent interest in the property. Such interest

Becomes vested interest in the former case, on the happening of the event, in the later, when the happening of event becomes impossible

Does not become vested interest

Vested interest does not depend upon happening or not happening of event

None of the above

Correct Answer: Becomes vested interest in the former case, on the happening of the event, in the later, when the happening of event becomes impossible

Contingent interest in the property becomes a vested interest, on the happening of an uncertain event or when the happening of the event becomes

Possible

Impossible

Probable to happen

All of the above

Give the correct Response
1. The interest of a coparcener in the joint family property becomes fixed only by partition.
2. A coparcener has an interest by birth in the joint family property.
3. The interest that a coparcener acquires at birth is undetermined interest.
4. The interest which a coparcener acquires in the joint family property is unpredictable as well as fluctuating.

1, 3 and 4

1, 2 and 4

1 and 3

1, 2, 3 and 4

Delegation of power to give divorce, to wife, contingent upon happening of an event, on the happening of that event

Shall ipsofacto dissolve the marriage

Marriage shall be dissolved on exercise of power by the wife

Marriage can only be dissolved with the consent of the husband

Marriage can be dissolved by resorting to judicial process by the husband

Where on a Transfer of Property, an interest therein is created in favour of a person to take effect only on the happening of a specified uncertain event, the Transfer is called:

Conditional Transfer

Transfer by Interest

Absolute Transfer

Contingent Transfer

A contingent contract based on the specified uncertain event happening within a fixed time under section 35

Remains valid even if the event does not happen within that fixed time

Becomes void at the expiration of the time fixed

Becomes void if the happening of that event becomes impossible before the expiry of time fixed

Both B and C

A contingent contract dependent on the happening of uncertain event in the future can be enforced when the event

Happens

Becomes impossible

Does not happen

None of the above is correct

A contingent contract based on the specified uncertain events not happening within a fixed time under section 35

Remains valid even if the event does not happen within that fixed time

Becomes void at the expiration of the time fixed

Becomes void if the happening of that event becomes impossible before the expiry of time fixed

Both B and C

The propositions are
1. The general property in goods can be with one person while the special property in the same goods be with the another person.
2. The transfer of general property in goods to one person can be done subject to a special property in the same goods in another person.
3. The special property in goods can be only with the person having general property in goods.
In respect of the aftersaid proposition which of the following is true

1 is correct, 2 and 3 are incorrect

1 and 2 are correct, 3 is incorrect

1 and 3 are correct, 2 is incorrect

2 and 3 are correct, 1 is incorrect

Contingent contract to do or not to do anything on the happening of an uncertain future event:

is never enforceable

is enforceable since the time of making it

becomes enforceable in the immediate possibility of happening of that event

becomes enforceable only on the happening of that event

A contingent contract to do or not to do anything on the happening of an uncertain future event under section 32

Is never enforceable

Becomes enforceable only on the happening of that event

Enforceable since the time of making it

Becomes enforceable in the immediate possibility of happening of that event