Under which of the following section of the Indian Contract Act, 1872, remedies for breach of contract…
"Section 73" of the Indian Contract Act, 1872 provides compensation for loss or damage caused by a breach of contract that naturally arose in the usual course of things or…
Choose your answer
Under which of the following section of the Indian Contract Act, 1872, remedies for breach of contract are available :
Answer and explanation
Correct answer B
"Section 73" of the Indian Contract Act, 1872 provides compensation for loss or damage caused by a breach of contract that naturally arose in the usual course of things or was in the parties' contemplation, while "Section 74" deals only with stipulated sums and penalties.
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