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A' has engaged the services of 'B' a financial planner to...

This question belongs to Law Indian Contract Act
Indian Contract Act
?

A' has engaged the services of 'B', a financial planner, to make investments on his behalf. 'A' remits Rs. 10 lakhs to 'B' asking him to purchase stocks in company 'X'. 'B' finding investment in company 'Y to be possibly more lucrative invests the money in purchasing its shares. Company 'Y' goes into liquidation resulting in losses. Here:

Answer & Solution
Correct Answer: Option D
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