Question
Some years ago I gave a loan of dollars to a friend. Now he wants to repay the loan. How should he pay? In dollars or rands and at what rate?
Answer
He should repay with dollars, not rands. If dollars are not available, then the current rate will be valid.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 27 No 12
- PDF page
- 10
Appears under THE FATHER’S RIGHTS? (approximate).