Question

    A Continuing Guarantee applies to_______________

    A To a series of transactions Correct Answer Incorrect Answer
    B To a specific transaction Correct Answer Incorrect Answer
    C To any number of transactions Correct Answer Incorrect Answer
    D To a reasonable number of transactions Correct Answer Incorrect Answer

    Solution

    Contract Act  Section 129. “Continuing guarantee”—A guarantee which extends to a series of transactions, is called a “continuing guarantee”.

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