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Law · Q1408

Indian Contract Act

Graduate and Post Graduate · Law · question 1408

Q1408

What is a continuing guarantee:

A.
A guarantee which continues even after the contract comes to an end
B.
A guarantee which shall be applicable to any other person who becomes a party to the contract
C.
A guarantee which extends to a series of transaction
Answer
D.
A guarantee which continues till the contract does not come to an end

Answer: Option C

Solution

Answer: Option C
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