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Commerce · Q597

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 597

Q597

A owes B Rs. 5,000. C pays to B Rs. 100 and B accepts them, in satisfaction of his claim on A. What is the status of payment?

A.
This payment is a partial discharge of the whole claim
B.
This payment is a discharge of the whole claim
Answer
C.
This payment is not a discharge of the whole claim
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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