Frustration of contract is provided by which section of the Indian Contract Act?
Frustration of contract is provided by "Sec. 56" of the Indian Contract Act, 1872, under which a contract becomes void when its performance becomes impossible or unlawful…
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Frustration of contract is provided by which section of the Indian Contract Act?
Answer and explanation
Correct answer D
Frustration of contract is provided by "Sec. 56" of the Indian Contract Act, 1872, under which a contract becomes void when its performance becomes impossible or unlawful due to an unforeseen event beyond the control of the parties. "Sec. 73" deals with compensation for breach and "Sec. 70" with non-gratuitous acts.
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