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According to the Indian Contract Act, 1872, in which of the following circumstances does the original…

Section 62 dispenses with performance of the original contract when the parties agree to novation, rescission or alteration. A stipulation is simply a contractual term: its…

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According to the Indian Contract Act, 1872, in which of the following circumstances does the original contract need to be performed?

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Correct answer D

Section 62 dispenses with performance of the original contract when the parties agree to novation, rescission or alteration. A stipulation is simply a contractual term: its existence alone does not replace, rescind or alter the contract. The original obligation must therefore be performed according to its valid stipulations unless a recognized discharge applies.

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