Under the Sale of Goods Act, 1930, court may award interest:
Section 61(2) says that "in the absence of a contract to the contrary" the court may award interest on the price at such rate as it thinks fit. The power exists without an…
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Under the Sale of Goods Act, 1930, court may award interest:
Answer and explanation
Correct answer C
Section 61(2) says that "in the absence of a contract to the contrary" the court may award interest on the price at such rate as it thinks fit. The power exists without an express clause but yields to a contrary term, and interest may run from before the decree, from the tender of the goods or the date the price was payable.
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