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Under Section 243, what is the consequence of an order terminating or modifying an agreement?
  • a)
    The company must compensate the party affected by the termination.
  • b)
    The agreement becomes void and unenforceable.
  • c)
    The affected party can file a civil suit against the company.
  • d)
    The agreement remains in force despite the order.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Under Section 243, what is the consequence of an order terminating or ...
An order under Section 243 that terminates or modifies an agreement results in the agreement becoming void and unenforceable. It prevents claims against the company for damages or compensation arising from the terminated or modified agreement.
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Under Section 243, what is the consequence of an order terminating or modifying an agreement?a)The company must compensate the party affected by the termination.b)The agreement becomes void and unenforceable.c)The affected party can file a civil suit against the company.d)The agreement remains in force despite the order.Correct answer is option 'B'. Can you explain this answer?
Question Description
Under Section 243, what is the consequence of an order terminating or modifying an agreement?a)The company must compensate the party affected by the termination.b)The agreement becomes void and unenforceable.c)The affected party can file a civil suit against the company.d)The agreement remains in force despite the order.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Under Section 243, what is the consequence of an order terminating or modifying an agreement?a)The company must compensate the party affected by the termination.b)The agreement becomes void and unenforceable.c)The affected party can file a civil suit against the company.d)The agreement remains in force despite the order.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under Section 243, what is the consequence of an order terminating or modifying an agreement?a)The company must compensate the party affected by the termination.b)The agreement becomes void and unenforceable.c)The affected party can file a civil suit against the company.d)The agreement remains in force despite the order.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Under Section 243, what is the consequence of an order terminating or modifying an agreement?a)The company must compensate the party affected by the termination.b)The agreement becomes void and unenforceable.c)The affected party can file a civil suit against the company.d)The agreement remains in force despite the order.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
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