In case amount of compensation is stipulated in contract and breach of contract occurs; compensation…
Where the contract stipulates a sum as compensation, s.74 of the Contract Act allows the court to award only reasonable compensation not exceeding that sum, so compensation…
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In case amount of compensation is stipulated in contract and breach of contract occurs; compensation will be allowed :
Answer and explanation
Correct answer D
Where the contract stipulates a sum as compensation, s.74 of the Contract Act allows the court to award only reasonable compensation not exceeding that sum, so compensation is "At the discretion of court but not more than stipulated amount".
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