Question
Legal Studies Question on Laws of Contract
A party is said to be discharged from his liability when
A
His liability on the instrument comes to an end.
B
He endorses the bill in favour of any other person.
C
The holder discharges the maker.
D
Both (a) and (c) are correct
Answer
Both (a) and (c) are correct
Explanation
Solution
The correct option is (D): Both (a) and (c) are correct.