Promisee may dispense with or remit performance of promise
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....accept instead of it any satisfaction which he thinks tit Illustrations (a) A promises to paint a picture for B. B afterwards forbids him to do so A is no longer bound to perform the promise. (b) A owes B 5,000 rupees. A pays toB, and B accepts in satisfaction of the whole debt, 2,000 rupees paid at the ti....
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