Vidyalelo
Law · Q128

Indian Contract Act

Graduate and Post Graduate · Law · question 128

Q128

A contract of guarantee may be made:

A.
By a company, by writing under its common seal
B.
On behalf of a company, by any person acting under its authority, express or implied. Directors may bind themselves personally by a guarantee which they sign or adopt
C.
Either (A) or (B)
Answer
D.
None of these

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board