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Q: What will to the obligation in case of fortuitous event?
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A lucky accident is something that is?

A fortunate event that resulted from chance rather than planning. fortuitous


B Explain how a hostile takeover can trigger an accelerated obligation credit event?

Explain how a hostile takeover can trigger an accelerated obligation credit event


What is condition obligation?

A conditional obligation is a contractual event that depends on certain situations. The obligation only is in place if certain circumstances occur.


What is a synonym for fortuitous?

A synonym for fortuitous is random.


Is robbery considered a fortuitous event?

Not necessarily. In that the word means "by chance or by accident," I suppose it could describe a robbery that occurred by that means, HOWEVER, in common usage the word "fortuitous" is usually associated with GOOD things happening to someone.


How would you use fortuitous in the sentence?

His success depended on a fortuitous combination of circumstances. United were saved by a fortuitous penalty.


What are example sentences with fortuitous?

Fortuitous means that some thing happened by chance or luck.It was fortuitous for me to win the prize.


What is a sentence for the word fortuitous?

It was fortuitous for me to win the lottery.During my ride to Washington I got in to a car accident, which was ruled fortuitous.


What is a contingent obligation?

An obligation that is not now fixed but will become fixed after the occurence of a future event such as pending litigation, guaranty, etc.


What is the prefix of fortuitous?

There is no prefix for the word, "Fortuitous". It has a suffix, though, which is "ous".


How is fortuitous used in a sentence?

Ours was quite a fortuitous meeting today. The other team's fortuitous fumble allowed us the winning goal.


What is a conditional obligation?

A conditional obligation is an obligation that is only triggered if a certain condition or event occurs. This means that the obligation to perform or fulfill the duty is dependent on the specified condition being met. If the condition is not satisfied, the obligation may not need to be fulfilled.