5. Mr. JHUTH entered into an agreement with Mr. SUCH to purchase his
(Mr. SUCH's) motor car for Rs. 5,00,000/- within a period of three months. A
security amount of Rs. 20,000/ - was also paid by Mr. JHUTH to Mr. SUCH
in terins of the agreement. After completion of three months of entering into
the agreement, Mr. SUCH tried to contract Mr. JHUTH to purchase the car in
terms of the agreement. Even after lapse of another three month period, Mr.
JHUTH neither responded to Mr. SUCH, nor to his phone calls. After lapse of
another period of six months. Mr. JHUTH contracted Mr. SUCH and denied
to purchase the motor car. He also demanded back the security amount of
Rs. 20,000/- from Mr. SUCH. Referring to the provisions of the Indian
Contract Act, 1872, state whether Mr. SUCH is required to refund the
security amount to Mr. JHUTH. Also examine the validity of the claim made
by Mr. JHUTH, if the motor car would have destroyed by an accident within
the three month's agreement period.
Answers
Answered by
1
Answer:
i don't know
Explanation:
Similar questions