If the debtor does not avail, the creditor can give him a receipt designating the debt.

If the debtor does not avail, the creditor can give him a receipt designating the debt.

• A. True
• B. False
• C. Only with court order
• D. Only for partial payment

Answer: (A)

The idea here is that a creditor can issue a receipt that clearly names the specific obligation being claimed, even if the debtor does not immediately pay. This designation helps avoid confusion when there are multiple debts or when the exact source of the obligation isn’t obvious. By labeling the debt in the receipt, the creditor preserves the claim and sets out which transaction or balance is being referenced. If the debtor later makes a payment, that payment should be applied to the debt specified in the receipt. No court order is needed, and this isn’t limited to partial payments—the creditor can designate the debt simply by issuing the receipt.

The idea here is that a creditor can issue a receipt that clearly names the specific obligation being claimed, even if the debtor does not immediately pay. This designation helps avoid confusion when there are multiple debts or when the exact source of the obligation isn’t obvious. By labeling the debt in the receipt, the creditor preserves the claim and sets out which transaction or balance is being referenced. If the debtor later makes a payment, that payment should be applied to the debt specified in the receipt. No court order is needed, and this isn’t limited to partial payments—the creditor can designate the debt simply by issuing the receipt.