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Consider the following statements 1 A contract formed by coercion and...

This question belongs to Law Indian Contract Act
Indian Contract Act
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Consider the following statements:
1. A contract formed by coercion and undue influence is vitiated and voidable at the option of the party whose consent is so obtained.
2. A contract formed, where both the parties are under mistaken notion about the existence of the subject matter, is void.
Which of the statements given above is/are correct?

Answer & Solution
Correct Answer: Option C
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