Multiple choice

Acknowledgement after the period of limitation

  1. is of no effect

  2. gives rise to an independent and enforceable contract

  3. is of great value

  4. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Option (1) is correct: Acknowledgement after the period of limitation is of no effect. Option (2) is incorrect: Acknowledgement after the period of limitation doesn’t give rise to an independent and enforceable contract. Option (3) is incorrect: Acknowledgement after the period of limitation is not of any value. Option (4) is incorrect: Option (1) is correct.