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A owes Rs 10 000 to B under a contract It...

This question belongs to Commerce Legal Aspects Of Business
Legal Aspects of Business
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A owes Rs. 10,000 to B under a contract. It is agreed between A, B and C that B shall henceforth accept C as his debtor instead of A for the same amount. Old debt of A is discharged and a new debt from C to B is contracted. This is

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Correct Answer: Option C
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