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Consider the following statements 1 Doctrine of frustration is not applicable...

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

Consider the following statements:
1. Doctrine of frustration is not applicable when the rights and obligations of the parties arise under the Transfer of Property Act.
2. If and when there is frustration, the contract automatically comes to an end.
Which of the statements given above is/are correct?

Answer & Solution
Correct Answer: Option C
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