A promise to pay wholly or in part a debt of which the creditor might have enforced payment, but for…
Section 25(3) of the Indian Contract Act, 1872 makes a promise to pay a time-barred debt enforceable as a contract "if it is made in writing and signed by the person to be…
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A promise to pay wholly or in part a debt of which the creditor might have enforced payment, but for the law of limitation of suits is a contract:
Answer and explanation
Correct answer C
Section 25(3) of the Indian Contract Act, 1872 makes a promise to pay a time-barred debt enforceable as a contract "if it is made in writing and signed by the person to be charged therewith" or his authorised agent, so a promise "even if made orally" does not suffice.
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