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Examveda

A' contracts to sell and deliver 500 bales of cotton to 'B' on a fixed day. 'A' knows nothing of B's mode of conducting his business. 'A' breaks his promise and 'B', having no cotton is obliged to close his mill. Is 'A' responsible for the loss caused to 'B' by the closing of Mill?

A. Yes

B. No

C. To the extent of the loss caused

D. None of these

Answer: Option B


This Question Belongs to Law >> Indian Contract Act

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