If a creditor does not file a suit against the buyer for recovery of the price within three years, the debts becomes:
A. Not time -barred
B. Time barred and hence irrecoverable
C. Renewed
D. Time barred but recoverable.
Answer:B
If a creditor does not file a suit against the buyer for recovery of the price within three years, the debts becomes:
A. Not time -barred B. Time barred and hence irrecoverable C. Renewed D. Time barred but recoverable.