alleryStart learning →A agrees to buy B's ship for Rs 60,000 and backs out. B sells it for Rs 52,000. A pays?
ARs 8,000
BRs 60,000
CRs 1,12,000
DRs 52,000
Answer & Solution
Correct answer: A. Rs 8,000
The buyer pays the excess of the contract price over the resale price, which is 60,000 minus 52,000.
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