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Law · Q407

Indian Contract Act

Graduate and Post Graduate · Law · question 407

Q407

Under Indian Contract Act, 1872, an agency shall stand terminated in the below mentioned case:

A.
Death or insolvency of principal
Answer
B.
Death or insolvency of agent
C.
Death or insolvency of both the agent and the principal
D.
Death or insolvency of either the agent or the principal

Answer: Option A

Solution

Answer: Option A
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