Legal Aspects of Business - Legal Aspects of Business Section 1

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6. Supplies the wife and children of B, a lunatic, with necessaries suitable to their condition in life.

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7. A supports B’s infant son. B promises to pay A’s expenses in so doing.

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8. A surety is discharged if the creditor, without consent, unconditionally releases the principal-debtor; the reason for this principle being that:

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9. A transaction by which A promised to pay B and C for consideration during their joint lives and after the death of one of them, to the survivor, the consideration moved from B but the agreement was signed by all three, i.e., A, B and C.

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10. A undertakes to deliver a thousand maunds of jute to B on a fixed day Applying Section 47, Indian Contract Act:

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