With reference to the Sale of Goods Act, 1930, in a suit by the seller for the price, in the absence of…
Sale of Goods Act section 61(2)(a) permits the court, in a seller’s suit for the price and absent a contrary contract, to award interest at a suitable rate from the tender…
Choose your answer
With reference to the Sale of Goods Act, 1930, in a suit by the seller for the price, in the absence of a contract to the contrary, the court __________.
Answer and explanation
Correct answer A
Sale of Goods Act section 61(2)(a) permits the court, in a seller’s suit for the price and absent a contrary contract, to award interest at a suitable rate from the tender of goods or the date when the price was payable. It is not confined to the demand notice or institution of the suit, and it is discretionary rather than automatic.
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