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Consider the following statements 1 According to Justice Patterson consideration may...

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

Consider the following statements:
1. According to Justice Patterson, consideration may be some benefit to the plaintiff or some detriment to the defendant.
2. According to Section 2(d) of the Indian Contract Act, the definition of consideration requires that the act or abstinence should be done by promisee only.
Which of the statements given above is/are correct?

Answer & Solution
Correct Answer: Option A
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