Business Studies, asked by nilanshi8878, 1 month ago

'Please explain Clayton’s Rule of Appropriation by pointing out the relevant provisions of law.'
What is the meaning of relevant provisions of the law in the following question?

Answers

Answered by Arnavtiwari18
0

Answer:

The basic idea is that “When money is paid, it is to be applied according to express the will of the payer and not the receiver

Explanation:

The basic idea is that “When money is paid, it is to be applied according to express the will of the payer and not the receiver. If the party to whom the money is offered does not agree to apply it according to the will of the party offering it, he must refuse it and stand upon the rights which the law has given him

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