Vidyalelo
Commerce · Q379

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 379

Q379

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
No explanation is given for this question Let's Discuss on Board