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  • Indemnity: Founders to indemnify the traders for the loss induced by misrepresentation or warranties given to them.

 

  • Governing law and Dispute resolution: The FA must point out the laws to be followed and the system of dispute resolution.

 

Statutory law References

 

Sec. 2(h) of the Indian Contract Act, 1872.

 

Primary Do(s) and Dont(s)

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