Under the Sale of Goods Act, 1930, in suit by seller for price, interest is awarded from:
Under s.61(2)(a), interest in a seller's suit for the price runs "from the date of the tender of the goods or from the date on which the price was payable". It is not tied…
Choose your answer
Under the Sale of Goods Act, 1930, in suit by seller for price, interest is awarded from:
Answer and explanation
Correct answer C
Under s.61(2)(a), interest in a seller's suit for the price runs "from the date of the tender of the goods or from the date on which the price was payable". It is not tied to the date of the contract, the filing of the suit or the decree.
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