CA CPT 2014 June Question Paper Mercantile Laws for online practice

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Question : 16 of 40

Marks: +1, -0

If the time is the essence of Contract and it is not performed with in specified time, then

The Contract cannot be performed later on
The promisor can compel the promisee to accept the performance later on
The Contract becomes voidable at the option of promisee
The Contract becomes voidable at the option of promisor

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