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Legal Principle: A contingent contract is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen.Factual Situation: A agrees to sell a horse to B for ' 10,000 if it wins a race and ' 100 if it does not. The horse wins the race but B refuses to pay ' 10,000 and buy the horse.Issue: Can A compel B to buy the horse?Decision:

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Legal Principle: A contingent contract is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen.<br>Factual Situation: A agrees to sell a horse to B for ' 10,000 if it wins a race and ' 100 if it does not. The horse wins the race but B refuses to pay ' 10,000 and buy the horse.<br>Issue: Can A compel B to buy the horse?<br>Decision:






 
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