Assertion (A): Under Section 59, bank can decide appropriation.
Reason (R): Debtor gives express instructions.
ABoth false
BA false, R true
CA true, R false
DBoth true
Assertion (A): Under Section 59, bank can decide appropriation.
Reason (R): Debtor gives express instructions.
ABoth false
BA false, R true
CA true, R false
DBoth true
Related Questions:
Assertion (A): Bank can set off a trust account against trustee’s personal loan.
Reason (R): Capacity of the account holder is different.