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.Management Sciences
A. Contracts of indemnity
B. Contracts of guarantee
C. Both A and B
D. None of above
Related Mcqs:
- A’s son has forged B’s name to a promissory note. B under threat of prosecuting A’s son obtain a bond from A for the amount of the forged note. If B sues on this bond ?
- A. The Court can accept the suit B. The Court may set aside the bonds C. Both A and B D. None of above...
- “Indemnity” means__________________?
- A. Security from damage or loss B. Security for more profit C. An act for protection D. Both A and B...
- The person to whom proposal is made is called________________?
- A. Promisor B. Promisee C. Both of above D. None of above...
- A man enfeebled by disease or age is inclued by B’s influence over him as his medical abendant to agree to pay B, a unreasonable sum for his professional services_______________?
- A. B employees nothing B. B employees undue influence C. Both A and B D. None of above...
- A continuing guarantee may at any time be revoked by the surety as to future transaction by giving notice to ________________?
- A. The creditor B. Principal debtor C. Without giving any notice to any person D. None of above...
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