Question

Trade combinations are exempted under Section 27 of the Contract Act, 1872 on the ground that

• A. No exemption is provided to such combinations.
• B. The primary purpose of such combinations is to regulate business and not to restrict it.
• C. The exemption is provided statutorily by section 27.
• D. None of the above

Answer 1

Answer: (B)

The primary purpose of such combinations is to regulate business and not to restrict it.

Answer 2

The correct option is (B): The primary purpose of such combinations is to regulate business and not to restrict it.