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.Management Sciences
Category: 1872 Contract Act
“Guarantee” means_______________?
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A. Surety
B. The word is also used as a name, to denote the contract of guarantee or the obligation of grantor
C. All the above
D. None of above
When one person signifies to another his willingness to do or to abstain from doing any thing with a view to obtaining the assent of that other person to such act or abstinence he is said to make a_______________?
A. Proposal
B. Promise
C. Both A and B
D. None of these
When there is breach of contract the party which aggrieved by breach is entitled for__________________?
A. Compensation against the breacher
B. Nothing
C. Registration of criminal Case against the breacher
D. None of above
Section_________ to_________ of the Contract Act, deals with principal’s duty to agent?
A. Section 222, 225
B. Section 222, 230
C. Section 222, 235
D. All of above
The contract of guarantee is a contract in which a person perform the promise or discharge the liability of__________________?
A. The contractor
B. Stranger
C. Third person
D. None of above
Section 51, of the Contract Act, 1872 deals with performance of_______________?
A. Reciprocal promisor
B. Reciprocal Promisee
C. Both A and B
D. None of above
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