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This question belongs to Law Indian Contract Act
Indian Contract Act
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Read Assertion (A) and Reason (R) and answer using given below:
Assertion (A): Compensation is recoverable for any loss or damage which the parties knew at the time of the contract as unlikely to result from the breach of the contract.
Reason (R): Because above rule is laid down in Hadley v. Baxendale case.

Answer & Solution
Correct Answer: Option B
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