Question5:- Sanjay, a resident of Bangalore is an agent of Rahul in Calcutta. There is an express
contract between them that all sums remitted by Rahul to Sanjay will be invested by
Sanjay all to Rahul's directions. Rahul remits Rs 10 Lakh to Sanjay and asks him to
Invest it in shares of Investment Ltd. Sanjay Instead, without Rahul's consent, invests
it in Netgain Ltd. believing It to be a better prospect. Rahul suffers a loss. In these
circumstances Sanjay
- (a) Can be said to have committed the offence of cheating
- (b) Can be said to have committed the offence of theft of property
- (c) Can be said to have committed the offence of CBT
- (d) None of these