Social Sciences, asked by pravin4289, 1 year ago

Characteristics of indemnity and guarantee

Answers

Answered by ANIKETSINGH1111

0

A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a “Contract of Indemnity”. ... GUARANTEE Features Valid Contract ( essentials of Sec-10) Consideration for surety is loan given by creditor.

Previous Question

Next Question

Similar questions

History, 8 months ago

17. West Bengal was known as...

English, 8 months ago

According to the above passage,what makes ants different from most other insects? * ...

English, 8 months ago

(b) Write a letter to the Chief Minister of your state, complaining about the lack of drinking water facilities in your area.

Science, 1 year ago

Cell organelle which does not have electron transport system is...

Math, 1 year ago

A building is in the form of a cylinder surmounted by a hemispherical vaulted dome and contains 880 / 21 cu. m of air. If the internal diameter of the building is equal to its total height above the floor, find the height of the building.

English, 1 year ago

what is urea and germination of seeds?

Music, 1 year ago

what is sur and taal ?

English, 1 year ago

write a 250 words essay on the person who has admired you the most...