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Law · Q1109

Indian Contract Act

Graduate and Post Graduate · Law · question 1109

Q1109

When a contract provides for a specified sum in case of breach

A.
It prescribes the minimum liability
B.
It prescribes the maximum limit of liability
Answer
C.
It prescribes neither the minimum nor the maximum extent of liability
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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