AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 250 Topic 26 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 250 Topic 26 Discussion

CWM_LEVEL_2 Exam Topic 26 Question 250 Discussion:
Question #: 250
Topic #: 26

Section B (2 Mark)

Rakesh owes Rs. 10000 to Haresh who transfers the debt amount to Chirag. Haresh then demands the same from Rakesh, who does not have a notice of the transfer as per section 131 but still pays to Haresh. This payment is invalid &Chirag can sue Rakesh for the debt


A.

TRUE


B.

FALSE


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