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Law · Q560

Indian Contract Act

Graduate and Post Graduate · Law · question 560

Q560

Section 74 of the Indian Contract Act, 1872 applies-

A.
To the cases where an amount received under the contract is sought to be forfeited
B.
To cases where the aggrieved party is seeking to recover a fixed amount on breach of contract
Answer
C.
To cases where in consequence of breach no legal injury at all has resulted
D.
Both in A and B

Answer: Option B

Solution

Answer: Option B
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