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When a contract becomes void, any benefit received under such contract is bound …………. to the person from whom he received it.
to restore such benefit
to make compensation for such benefit
either (a) or (b)
neither (a) nor (b)
Here is the explanation of all options:
- Option 1: to restore such benefit
- If a contract becomes void, any benefit received under such a contract should be returned to the person who originally provided it.
- Option 2: to make compensation for such benefit
- Alternatively, the person who received the benefit could compensate for it instead of returning it in its original form. This often applies when restoration isn't possible.
- Option 3: either (a) or (b)
- The receiving party may choose to either return the benefit or compensate for it, depending on the circumstances.
- Option 4: neither (a) nor (b)
- This suggests that no action is required, which is incorrect when a contract is voided.
Correct Answer: Option 3 - either (a) or (b)
- One must either restore the benefit or compensate for it.
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