Commentary

66 Receipts for money or goods

CHOSES IN ACTION vol 7
| Commentary

66 Receipts for money or goods

| Commentary

66 Receipts for money or goods

A receipt may be construed as incorporating the terms of a contract or be conclusive in cases where the equitable doctrine of estoppel applies1. As a receipt is only prima facie evidence of payment or delivery of goods, it can be contradicted by proof that the true facts are otherwise than as recited in the acknowledgment or receipt, that the money was paid to a third party, that the transaction was fraudulent or that the receipt was given either conditionally or ‘without prejudice’2. However, if produced from proper custody, a receipt twenty years old

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