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  • Indian Contract Act - IV
  • An illiterate person who was in need of money, took a loa...
Multiple choice

An illiterate person who was in need of money, took a loan of Rs. 1,00,000 but the financer got his signature for a loan of Rs. 2,00,000. The contract is made under:

  1. fraud

  2. undue influence

  3. mistake

  4. coercion

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is a case of fraud.

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