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There are two types of contract of guarantee i.e. Specific guarantee and continuing guarantee. When a guarantee is given only for single debt or transaction and is to come to an end when the guaranteed debt is paid or the promise is duly performed, it is called a specific or simple guarantee. A guarantee which extends to a series of transactions is called a continuing guarantee. In this case the surety’s liability would continue till all the transactions are completed or till the guarantor revokes the guarantee as to the future transactions.
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word and click the button corresponding to it.
The company's new product don't meet the customers' expectations , leading to a significant drop in sales.
...If only the routine criminal process is pursued with a universal sense of urgent , the expediency of special courts may not be needed at all.
Select the most appropriate option to substitute the highlighted segment in the given sentence. If there is no need to substitute it, select ‘No subs...
Which of the words in (a), (b), (c) or (d) given below should replace the words given in bold in the following sentences to make it meaningful and gram...
Select the incorrectly spelt word
Select the wrongly spelt word.
Below are given some sentences (1), (2), (3), (4) and (5). All the sentences represent the same idea expressed in different ways. You have to choose th...
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No substi...
In the question below, a statement has three words highlighted in bold, which may or may not be correctly used. You are required to choose from the opt...