Question: The Children's Foundation enters into a contract with The Lively Group. The contract obligates The Children's Foundation to deliver a specified amount of cash to

The Children\'s Foundation enters into a contract with The Lively Group. The contract obligates The Children\'s Foundation to deliver a specified amount of cash to The Lively Group if a specified event that is beyond the control of either entity occurs. The contract gives The Lively Group the right to receive the cash from The Children\'s Foundation if said event occurs. What type of contract is this?

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