According to Section 124 of the Indian Contract Act, 1872, the loss may arise due to:
Section 124 of the Indian Contract Act, 1872 covers loss caused "by the conduct of the promisor himself, or by the conduct of any other person". The statutory definition is…
Choose your answer
According to Section 124 of the Indian Contract Act, 1872, the loss may arise due to:
Answer and explanation
Correct answer D
Section 124 of the Indian Contract Act, 1872 covers loss caused "by the conduct of the promisor himself, or by the conduct of any other person". The statutory definition is not confined to either the promisor or a third person, and it does not speak of loss from an act of God.
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