Question
Where should the payment be applied in case the debt to
be discharged is not indicated as per the provisions laid down under the Contract Act?Solution
Contract Act Section 60. Application of payment where debt to be discharged is not indicated: Where the debtor has omitted to intimate and there are no other circumstances indicating to which debt the payment is to be applied, the creditor may apply it at his discretion to any lawful debt actually due and payable to him from the debtor, whether its recovery is or is not barred by the law in force for the time being as to the limitation of suits
Select the option in which the given figure is embedded (rotation is NOT allowed).
What would be the symbol on the opposite side of '≠' if the given sheet is folded to form a cube?
A paper is folded and cut as shown below. How will it appear when unfolded?
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance...
In a certain code language, 'FOSTER' is written as '36' and 'DANCE' is written as '25'.
How will 'ORCHARD' be written in that language?
From the given answer figures, select the one in which the question figure is hidden/embedded.
The sequence of folding a piece of paper and the manner in which the folded paper is cut is shown in the following figures. How would this paper look wh...
Based on the English alphabetical order, three of the following four letter-cluster pairs are alike in a certain way and thus form a group. Which letter...
Consider the given statement and decide which of the assumptions given in the options is implicit in the statement.
Statement:
If the letters ‘Q B Z H X K H Q D U M B’ are placed in the order opposite to the one in which these normally appear in English Alphabet (i.e., in re...