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AIBE XVI 2021 Set C Question 33

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Question 33 of 100 AIBE XVI 2021 Set C

Contractual Liability arises, where:

  1. A There is offer and acceptance only.
  2. B There is intention to create legal relation. Official answer
  3. C There is loss to one party
  4. D The loss of one party is the gain of other party

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