Fundamental Of Law and Ethics - Fundamental of Law Section 1

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66. A owes B 5,000 rupees. C pays to B 1,000 rupees and B accepts them, in satisfaction of his claim on A.

Option : C
Explanation :

67. A owes B, among other debts, 1,000 rupees upon a promissory note, which falls due on the first June. He owes B no other debt of that amount. On the first June A pays to B 1,000 rupees.

Option : B
Explanation :

68. A owes money to B under a contract. The old debt of A to B is at an end. It is agreed between A, B, and C, that B shall thenceforth accept C as his debtor instead of A.

Option : A
Explanation :

69. Section 75 of the Indian Contract Act, 1872 must be read as supplementary to _____________
I. Section 39 of the Indian Contract Act, 1872
II. Section 53 of the Indian Contract Act, 1872
III. Section 55 of the Indian Contract Act, 1872
IV. Section 64 of the Indian Contract Act, 1872
V. Section 65 of the Indian Contract Act, 1872

Option : D
Explanation :

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