A debtor is not presumed to make a gift.

Explanation

When a debtor transfers money or goods to his creditor, the natural presumption is that he intends to discharge his debt, not to confer a gratuity.

Where this applies

• A debtor sent money to a creditor — should we assume it was a gift or a debt payment?
• My business partner transferred funds to our supplier — was it a payment on our account or a donation?

See also

• 6.5.8 Whatever is paid is applied according to the intention of the payer.