Question
How many parties are there in a contract of
guarantee?Solution
Contract Act Section 126 - 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.
A sum of ₹ 31 was divided among 50 students. If each boy got 70 paisa and each girl got 45 paisa. Find the number of boys.
A shopkeeper mixes two types of rice costing Rs 60 per kg and Rs 80 per kg in a ratio. He sells the mixture at Rs 85 per kg and gains a profit of 25%. I...
Cost of two types of pulses is Rs.16 and Rs, 21 per kg, respectively. If both the pulses are mixed together in the ratio 2:3, then what should be the pr...
If a wheel covers a distance of 880 m in 40 rotations, then the diameter of the wheel is?
(141.95 – 112.06) × (45.21 – 38.99) = ?
The Jar contains only 8 litres of milk and the rest is water. A new mixture in which concentration of milk is 30%, is to be formed by replacing the Jar ...
A and B together can complete a work in 12 days. B and C together can complete the same work in 15 days, and A and C together can complete it in 20 days...
What will come in the place of question mark (?) in the given expression?
? = (17 × 25 – 152 ) + 60% of 2450
What will come in place of the question mark (?) in the following series?
12, 34, 64, 102, ?, 202
A merchant has 1200 kg of sugar, part of which he sells at 9% profit and the rest at 15% profit. He gains 11% on the whole. The quantity (in kg) sold at...
Relevant for Exams:
