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Commerce · Q794

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 794

Q794

A agreed to sell his horse to B, but unknown to both the parties, the horse was dead at the time of agreement, in this case, the contract is

A.
void and the parties are discharged from performance
Answer
B.
void but the parties are not discharged from performance
C.
voidable at the option of either party
D.
voidable at the option of A only

Answer: Option A

Solution

Answer: Option A
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