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A debtor signs a written promise to pay half of a debt that the creditor could have enforced but for…

Section 25(3) makes a signed written promise to pay all or part of a debt barred by limitation enforceable. Here the debtor promised to pay half, so the enforceable promise…

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A debtor signs a written promise to pay half of a debt that the creditor could have enforced but for limitation. Assuming the other requirements of a contract are met, what is the effect under the Indian Contract Act, 1872?

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Answer and explanation

Correct answer C

Section 25(3) makes a signed written promise to pay all or part of a debt barred by limitation enforceable. Here the debtor promised to pay half, so the enforceable promise extends to that half.

Option feedback

Option A

Section 25(3) enforces the new promise. Its scope is the half specified by the debtor.

Option B

The debtor chose to make a signed promise. Section 25(3) gives that promise contractual effect.

Option C

The promise satisfies section 25(3) and is enforceable for the amount promised.

Option D

Section 25(3) requires a signed writing. It does not require registration.

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