- 1 Marks
BCL – L1 – SA – Q52 – Contract Law
How a creditor applies payment when debtor's intention is unclear.
Question
Where the debtor does not expressly intimate or where the circumstances attending on a payment do not indicate any intention, the creditor
A may apply it to any lawful debt due.
B May apply it even to a time barred debt.
C Both A and B
D None of the above
Find Related Questions by Tags, levels, etc.
- Tags: Contract Law, Creditor Rights, Debt Allocation, Payment Application
- Level: Level 1
- Topic: Contract Law
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