Multiple choice

A promise to pay time barred debt is:

  1. not enforceable

  2. enforceable at the discretion of debtor

  3. enforceable under exception

  4. none of the above
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A Correct answer
Explanation

A time-barred debt is one where the limitation period for filing a suit has expired. Under the Limitation Act, such debts are not enforceable in court. However, if a fresh promise to pay is made (in writing and signed by the debtor or agent), it can revive the debt and make it enforceable again. The question asks about a promise to pay time-barred debt without specifying if it's a fresh promise.

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