A debtor owes several distinct debts to the same creditor and he makes a payment which is insufficient to satisfy all the debts. In such a case, a question arises as to which particular debt the payment is to be appropriated. Which sections of the Contract Act provide an answer to this question?
1
Section 59 to 61
2
Section 22 of 31
3
Section 10 to 12
4
Section 55 to 60