In contract of guarantee the person at whose place guarantee given is called __________________?

Related Mcqs:

1. In contract of guarantee the person who gives guarantee is called __________________?

   A. Surety
   B. Principal debtor
   C. Both (a) and (b)
   D. None of above

2. 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

3. 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

4. Whoever cheats by pretending to be some other person, or by knowingly substituting one person for another or represents that he or any other person is a person other than he or such other person really is, he commits the offence which is _______________ ?

   A. Called cheating by personation
   B. Cheating
   C. Fraud
   D. None of these

5. As per section 143, of the Contract Act guarantee obtain by the creditor by concealment is _______________?

   A. Invalid
   B. Valid
   C. Both A and B
   D. None of above

6. A contract to do or not to do something if some event collateral to such contract does or does not happen is called___________________?

   A. Simple contract
   B. Complex contract
   C. Contingent contract
   D. None of above

7. A makes a contract with B to buy B’s horse if A survives C. This contract cannot be enforceed by law ?

   A. Unless and until C dies in A’s life time
   B. Unless and until A dies in C’s life time
   C. Both A and C dies
   D. None of above

8. Contingent Contract is defined is section______________ of The Contract Act?

   A. 25
   B. 26
   C. 27
   D. None of above

9. Section_________ of the Contract Act, deals with enforcement of contract contingent on an event happening?

   A. 30
   B. 31
   C. 32
   D. None of above

10. The contract of insurance is infact contract of________________?

    A. Urgency
    B. Indemnity
    C. Both (a) and (b)
    D. None of above