Question
Under the Contract Act if a debtor makes a payment to a
creditor while indicating, either explicitly or implicitly, that the payment is intended to discharge a particular debt among several owed, what is the creditor’s obligation regarding the application of that payment?Solution
Contract Act Section 59. Application of payment where debt to be discharged is indicated: Where a debtor, owing several distinct debts to one person, makes a payment to him, either with express intimation, or under circumstances implying, that the payment is to be applied to the discharge of some particular debt, the payment, if accepted, must be applied accordingly.
Statements: Some papers are copies.
No copy is a diary.
Some diary are cardboard.
Conclusions:I. No diary is papers.
II....
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 a...
Statements:
Only a few pen is pencil
No pencil is colour
Only a few colour is mobile
Some mobile is laptop
Conclus...
- Statements:
All Groups are Teams
Only a few Teams are Colleagues
Only Colleagues are Friends
Conclusion:
I. All Colleagues ... Statements:
Some children are parents.
All parents are infants.
Some infants are adolescent.
Conclusions:
I. At least...
Statement
Only a few Green is Red
No Red is White
All White is Black
Conclusion
I) Some Red is Black
Statements: No den is a shelter.
All shelters are sheds.
...
Statement:
Some Doctor are Nurse.
Only a few Nurse are Patient.
All Cleaner are Patient.
None of the Nurse are Accountant....
Conclusions:
I. Some Jokers being Animals is a possibility.
II. A few Swings are not Strings.Statements:
Statements:
All actors are directors.
Some directors are dancers.
All dancers are writers.
...
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