Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Contract Act Voidable Contracts And Void Agreements
Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R.
Assertion A : A, the owner of a ship by fraudulently representing her to be seaworthy induces B, on underwriter to insure the ship.
Reason R : B can obtain cancellation of the policy, as it is a fraud on account of fraudulent misrepresentation under the contract act.
In the light of the above statements, choose the correct answer from the options given below:
1
Both A and R are true and R is the correct explanation of A
2
Both A and R are true and R is NOT the correct explanation of A
3
A is true but R is false
4
A is false but R is true