CLAT LLM 2013 Question Paper with answer key for online practice

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Question : 4 of 50
 
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X hands over her expensive saree for cleaning to a dry cleaner who loses the same. X claims the total value of the saree. The dry cleaner farers to a clause printed in the contract receipt which states that the dry cleaner can be held liable for ₹ 50 of 10% of the original value of the cloth only, whichever is less. Which one of the following propositions holds good to explain the correct position of law on the point?
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