What is an example of a contingency?
Contingency means something that could happen or come up depending on other occurrences. An example of a contingency is the unexpected need for a bandage on a hike. An example of contingency is a military strategy that can’t go forward until an earlier piece of the war plan is complete.
What does it mean for something to be contingent?
1 : dependent on or conditioned by something else Payment is contingent on fulfillment of certain conditions. a plan contingent on the weather. 2 : likely but not certain to happen : possible.
What is a contingent relationship?
A contingency relationship exists when one party agrees to pay the other party, or carry out some other action, upon completion of a task. A publisher, for example, may agree to pay an author upon completion and delivery of a book manuscript.
What is radical contingency?
Description: This state occurs when a human being experiences the mystery of death as the final reality of every life. During such a moment, one decides on present awareness of one’s death; and more than that, to carry on living in and through such a moment.
What is a contingency plan example?
A contingency plan is a plan devised for an outcome other than in the usual (expected) plan . Contingency plans are often devised by governments or businesses. For example , suppose many employees of a company are traveling together on an aircraft which crashes, killing all aboard.
What is the purpose of contingency?
“The purpose of any contingency plan is to allow an organization to return to its daily operations as quickly as possible after an unforeseen event. The contingency plan protects resources, minimizes customer inconvenience and identifies key staff, assigning specific responsibilities in the context of the recovery .”
Does contingent mean sold?
What does contingent mean when a house is for sale ? When a property is marked as contingent , it means that the buyer has made an offer and the seller has accepted that offer, but the deal is conditional upon one or more things happening, and the closing won’t take place until those things happen.
Are contingent offers a good idea?
A contingency offer is the most common way for current homeowners to sell their home before buying a new one, so the odds are high that you’ll receive such an offer if you’re selling. This is not as good as getting a no-strings-attached contract, of course, but it’s certainly better than no contract at all.
How long does a contingency last?
A contingency period typically lasts anywhere between 30 and 60 days. If the buyer isn’t able to get a mortgage within the agreed time, then the seller can choose to cancel the contract and find another buyer.
What does contingent mean in psychology?
Contingency is the relationship between two events, one being ” contingent ” or a consequence of the other event. Behaviorism (ABA) sees all behavior as a response to an antecedent and driven by the consequences.
Is it contingent on or upon?
adjective. dependent for existence, occurrence, character, etc., on something not yet certain; conditional (often followed by on or upon ): Our plans are contingent on the weather. liable to happen or not; uncertain; possible: They had to plan for contingent expenses.
What is a contingent person?
A contingent beneficiary is specified by an insurance contract holder or retirement account owner as the person or entity receiving proceeds if the primary beneficiary is deceased, unable to be located, or refuses the inheritance at the time the proceeds are to be paid.
What does contingent mean in logic?
In philosophy and logic , contingency is the status of propositions that are neither true under every possible valuation (i.e. tautologies) nor false under every possible valuation (i.e. contradictions). A contingent proposition is neither necessarily true nor necessarily false.
What are the preconditions of contingent?
Contingent Statement a statement which could logically be either true or false. All true statements which are not necessarily true (logically could not be other than true) are contingently true. Their truth is said to be contingent upon (depends on) the facts concerning the way the world is.
How a statement is called Ad contingent?
A contingent statement is a statement form which is neither a tautology, nor unsatisfiable, but whose truth value depends upon the truth value of its component substatements.