Question

    Subodh and Rina go to a shop. Subodh says to the shopkeeper, "Naresh, let Rina have the goods and if she does not pay you, I will." This is a ________.

    A Contract of Indemnity Correct Answer Incorrect Answer
    B Contract of Guarantee Correct Answer Incorrect Answer
    C Quasi Contract Correct Answer Incorrect Answer
    D Wagering Contract Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next