The person to whom goods are delivered according Bailment is called ___________________?
A. Bailor
B. Bailee
C. Both A and B
D. None
The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called___________________?
The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called___________________?
A. Indemnity
B. Bailment
C. Contingent Contract
D. None of above
Section 146 of the Contract Act, deals with liabilities of_______________?
Section 146 of the Contract Act, deals with liabilities of_______________?
A. Surety
B. Co-sureties
C. Both A and B
D. None of above
Section_________ to__________, at the Contract Act, deals with discharge of surety ?
Section_________ to__________, at the Contract Act, deals with discharge of surety ?
A. 130, 133
B. 133, 139
C. 139, 144
D. None of above
In contract of guarantee the person at whose place guarantee given is called __________________?
In contract of guarantee the person at whose place guarantee given is called __________________?
A. Surety holder
B. Principal debtor
C. Both (a) and (b)
D. None of above
The contract of guarantee is a contract in which a person perform the promise or discharge the liability of__________________?
The contract of guarantee is a contract in which a person perform the promise or discharge the liability of__________________?
A. The contractor
B. Stranger
C. Third person
D. None of above
Any guarantee obtained by means of misrepresentation made by the creditor or with his knowledge and assent concerning a material part of the transaction is_________________?
Any guarantee obtained by means of misrepresentation made by the creditor or with his knowledge and assent concerning a material part of the transaction is_________________?
A. Valid
B. Invalid
C. Both A and B
D. None of above
A in consideration that B will employ C in collecting the rent of B’s zamindari, promises B to be responsible, to the amount of 5000 rupees for the due collection and payment by C of those rents. This is a________________?
A in consideration that B will employ C in collecting the rent of B’s zamindari, promises B to be responsible, to the amount of 5000 rupees for the due collection and payment by C of those rents. This is a________________?
A. Restricted guarantee
B. Continuing guarantee
C. Limited guarantee
D. None of above
Section 124 to 147, of the Contract Act, deals with _________________?
Section 124 to 147, of the Contract Act, deals with _________________?
A. Contracts of indemnity
B. Contracts of guarantee
C. Both A and B
D. None of above
A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself or by the conduct of any other person is called______________?
A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself or by the conduct of any other person is called______________?
A. Surety contract
B. Simple contract
C. Contract of indemnity
D. None of above