X owes Rs. 10,000 to Y under a contract. It is agreed between X, Y, and Z that Y shall hence forth accept Z as his debtor instead of X for the same amount. Old debt of X is discharged and a new debt from Z to Y is contracted. This is:

A. 5 years imprisonment or 5 lakh rupees penalty or both B. Life imprisonment C. 3 years imprisonment or 2 lakh rupees penalty or both D. None of the above

A. Proposal B. Promise C. Contract D. None of these

A. Priority B. Novelty C. Exclusivity D. Commercial value

A. Anti-competitive agreements B. Mergers and amalgamation C. Unfair trade practices D. Both A and B