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Law · Q980

Indian Contract Act

Graduate and Post Graduate · Law · question 980

Q980

Consider the following statements: 1. Doctrine of frustration is not applicable when the rights and obligations of the parties arise under the Transfer of Property Act. 2. If and when there is frustration, the contract automatically comes to an end. Which of the statements given above is/are correct?

A.
1 only
B.
2 only
C.
Both 1 and 2
Answer
D.
Neither 1 nor 2

Answer: Option C

Solution

Answer: Option C
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