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Under Section 43, if one of several joint promisors defaults in making his contribution, the loss is:
ARecovered from the promisee's estate
BBorne entirely by the promisee
CWritten off completely
DBorne by the remaining joint promisors in equal shares
Answer & Solution
Correct answer: D. Borne by the remaining joint promisors in equal shares
Where a joint promisor defaults in contribution, the remaining joint promisors must bear that loss in equal shares.
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