Q. A and B agree that law of limitation shall not apply to them. A debt becomes time barred and A refuses topay the amount. Can B recover the amount under the terms of the agreement? (Solved)
1. yes, the agreement between them is valid and enforceable.
2. yes, the agreement is not opposed to pub- I lie policy.
3. no, the agreement is a voidable agreement I and can be avoided by A.
4. no, the agreement falls under section 23 ! and hence void
- d. no, the agreement falls under section 23 ! and hence void