With reference to Section 126 of The Indian Contract Act, 1872 read the following statements and select the correct option from below:
1. Guarantee must always be written
2. A guarantee may either be either oral or written
Section 126. "Contract of guarantee", "surety", "principal debtor" and "creditor”- A "contract of guarantee" is a contract to perform the promise, or discharge the liability, of a third person in case of his default. The person who gives the guarantee is called the "surety"; the person in respect of whose default the guarantee is given is called the "principal debtor", and the person to whom the guarantee is given is called the "creditor". A guarantee may be either oral or written.
Can an insider deviate from the approved trading plan, (As per Reg 5 of SEBI (Prohibition of Insider Trading) Regulations, 2015)?
The doctrine of indoor management is an ______to the doctrine of constructive notice
The provision to tender pardon to an accomplice is given in:
An agreement consists of reciprocal promises between at least
What is the punishment for providing false evidence under the Companies Act?
The corporate insolvency resolution process shall be completed _______________ from the date of admission of the application to initiate such process
According to the FEMA any person may sell or draw foreign exchange to or from an authorised person if such sale or drawl is a ______________________
Which of the following are the key features of TBT agreement?
Which of the following mortgage does not require writing in law?
S. 13 of the Code of Civil procedure provides that a foreign judgment is:
