AIBE question and official answer

AIBE VI 2014 Set A Question 57

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Question 57 of 100 AIBE VI 2014 Set A

Where, before the expiration of the prescribed period for a suit or application in respect of any property or right, an acknowledgement of liability in respect of such property or right has been made in writing signed by the party against whom such property or right is claimed, or by any person through whom he derives his title or liability,

  1. A a fresh period of limitation shall be computed from the time when the acknowledgement was so signed. Official answer
  2. B limitation shall be computed from the time when originally the signature has been given
  3. C a fresh period of limitation shall not be computed from the time when the acknowledgement was so signed.
  4. D None of the above

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