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In contract law, drawing cash from an ATM is an example of:
AVoidable contract
BExpress contract
CTacit contract
DQuasi contract
Answer & Solution
Correct answer: C. Tacit contract
1. Per OCR: "Tacit Contract: It is a situation where a Contract has to be inferred from the conduct of parties. - Drawing cash from ATM, - Sale by fall of hammer at an auction sale, etc."
2. No words exchanged.
3. Conduct alone signals offer + acceptance.
_Source: ICMAI BoS CMA Foundation Paper 1 (FBLC) — Paper1_07042026.pdf, Module 2 §2.1 (page 53)_
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