Which provision of the Indian contract act, 1872 embodies the rule enunciated in Clayton's case…
"Section 61" of the Indian Contract Act, which applies payments in chronological order of the debts when neither party appropriates, is generally understood to embody the…
Choose your answer
Which provision of the Indian contract act, 1872 embodies the rule enunciated in Clayton's case relating to appropriation of payment
Answer and explanation
Correct answer D
"Section 61" of the Indian Contract Act, which applies payments in chronological order of the debts when neither party appropriates, is generally understood to embody the rule from Clayton's Case for running accounts.
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