Special Contract - Test 3

Special Contract - Test 3

University

100 Qs

quiz-placeholder

Similar activities

ความรู้ทั่วไป

ความรู้ทั่วไป

University

100 Qs

TOURM 2105 FIRST TERM EXAMINATION

TOURM 2105 FIRST TERM EXAMINATION

University

100 Qs

100 MCQ Mutual Fund

100 MCQ Mutual Fund

University

100 Qs

Principles of flight

Principles of flight

University

98 Qs

Persoalan Duniawi

Persoalan Duniawi

University

105 Qs

Review for Respiratory, Urinary, & Reproductive Systems

Review for Respiratory, Urinary, & Reproductive Systems

12th Grade - University

100 Qs

Government

Government

University

100 Qs

DRILL NO. 3

DRILL NO. 3

University

100 Qs

Special Contract - Test 3

Special Contract - Test 3

Assessment

Quiz

Other

University

Hard

Created by

Dhinesh m

Used 3+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

100 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person in respect of whose default, the guarantee is given is called…………

Principal debtor

Principal creditor

Principal surety

Principal bailee

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of guarantee is given for series of transaction ?

General guarantee

Implied guarantee

Continuous guarantee

General and continuous guarantee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The contract of Guarantee should be ………..

only written

only oral

written or oral

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liability of surety is……….

Secondary liability

Preliminary liability

Subsidiary liability

Co-related liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

On whose default, the promise of discharge of liability is given in contract of guarantee.

Principal debtor

Subsidiary debtor

Principal guarantor

All above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In case of co-sureties, release of one surety by the creditor:

Amounts to discharge of other sureties

Does not amount to discharge of other sureties

Amounts to discharge of the surety so released vis-a-vis co-sureties as well

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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----

Indemnity

Guarantee

Agency

Bailment

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?