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    Question

    A guarantee which extends to a series of transactions, is called a________________

    A Continuous guarantee Correct Answer Incorrect Answer
    B Continuing guarantee Correct Answer Incorrect Answer
    C Future transaction guarantee Correct Answer Incorrect Answer
    D Either a b or c Correct Answer Incorrect Answer
    E Either a or b Correct Answer Incorrect Answer

    Solution

    Section 129.  "Continuing guarantee": A guarantee which extends to a series of transactions, is called a "continuing guarantee"

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