ibps-so 2020 · Question 300 of 351

If the decree-holder has entered into a compromise with the principal debtor and discharged that debtor from all liability, what will be the legal consequence?

AIt will amount to a compromise
BIt will amount to full satisfaction of the decreeCorrect
CSome portion of the decree amount is still required to be paid if the decree is for payment of money
DSome amount of money is required to be deposited by the plaintiff in court
ENone of the above

Answer: B. It will amount to full satisfaction of the decree

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Law Officer Mains Memory Based 2020 - Adda247 · memory-based

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ibps-so 2020 · Question 300 of 351

AIt will amount to a compromise
BIt will amount to full satisfaction of the decreeCorrect
CSome portion of the decree amount is still required to be paid if the decree is for payment of money
DSome amount of money is required to be deposited by the plaintiff in court
ENone of the above

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Law Officer Mains Memory Based 2020 - Adda247 · memory-based

Practice the full ibps-so 2020 paper

Timed test with all 351 questions, just like the real exam.