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A and B purchased a bus jointly on hire purchase system. A major portion of the price of the bus was advanced as loan by a financing company on the condition that the bus would remain the property of the financing company until the installments of the loan had been paid to the financing company. A and B took away the bus to Kota and sold it to K by representing to him that they were the owners of the bus. Explain:
(i) What offence, if any A and B have committed?
(ii) Where will suit be tried? (5 marks)
By: santosh ProfileResourcesReport error
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