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Under the Sale of Goods Act, 1930, interest may be awarded at:

Section61(2) permits interest at a rate the court thinks fit, in the absence of a contract to the contrary. It fixes neither a six-percent rate nor an RBI bank rate. The…

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Under the Sale of Goods Act, 1930, interest may be awarded at:

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Correct answer C

Section61(2) permits interest at a rate the court thinks fit, in the absence of a contract to the contrary. It fixes neither a six-percent rate nor an RBI bank rate. The statutory discretion does not authorise ignoring an applicable contrary contractual term.

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