MCQOPTIONS
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| 1. |
'A' applied to company 'B' for allotment of one hundred shares. A letter of allotment was posted to 'A' within the stipulated time, but that letter did not reach 'A' either. Posting the letter of allotment |
| A. | fulfills the contract |
| B. | does not fulfill the contract |
| C. | voids the contract |
| D. | voids the contract |
| Answer» B. does not fulfill the contract | |