Business Studies, asked by lonebilal4011, 8 months ago

Contract of Indemnity and Guarantee and Bailment​

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Answered by Anonymous
1

Answer:

. This Act may be cited as the Indemnity, Guarantee and Bailment Act. ... A contract by which one party promises to save the other from loss caused to him by the conduct of the promiser himself or by the conduct of any other person is called a contract of indemnity.

Answered by lucky183784
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