Contractual remedies are provided by the Indian Contract Act. Section:
C
Correct answer
Explanation
Section 73 of the Indian Contract Act, 1872 provides for compensation for loss or damage caused by breach of contract. This is the primary contractual remedy - it allows the injured party to claim damages that naturally arose from the breach or were in contemplation of both parties at the time of contract formation. Section 56 deals with frustration of contract, Section 65 with restitution of benefit under void agreement, and Section 37 defines agents' responsibility.