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A lends rupees one lakh to B and B promises to...

This question belongs to Law Indian Contract Act
Indian Contract Act
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A lends rupees one lakh to B and B promises to repay it with interest @ 12% per annum after one year. The agreement also provides that if the amount is repaid within six months, the rate of interest will be 10%. The stipulation is

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Correct Answer: Option A
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