Distinguish between Contract of Indemnity and Contract of
guarantee.
Answer Posted / l.veeraraghavan
Many Indian COurts have held that the creditor should first exhaust all the available means of recovery from the principal debtor before invoking the surety's liability under the contract.
Is This Answer Correct ? | 8 Yes | 5 No |
Post New Answer View All Answers
Many times law enforcement are certain that a particular crime has been committed by a defendant. What is your response if there is not enough evidence to stand at a criminal trial?
Should the law restrict our freedom of speech?
US officer refused my visa due to 214( b)becouse i submitted for him my son american passport, did you advise me if i have to click yes on DS 156, question no. 37 that my son citizenshipr or no?
Should the law be based on morality?
mention different sources through which preliminary expences can be write off,if co. is incurring losses can still preliminary exp. can be write off
If you were the prime minister, which laws would you change?
What is the minimum limit to deduct wct or there is no limit.
If A gave B £100 thinking it was a loan and B accepted the money thinking it was a gift, should he have to give it back?
What is the system to registered online for advertisment of law firm & what is the cost of advertisment?
suing social services health service and social security
what is difference between past consideration in requirements of consideration and past voluntary services in no consideration no contract.i have little confusion explain the difference with example
i want to know the basic purpose of introducing service tax. i.e why it was introduced by Govt.?
Should fat people have to pay extra on planes if they need to take two seats
Whether the word LTD should be suffixed to the name of a Private Bank? Please quote the Section and the relevant ACT.
In near future would you be willing to manage a branch office? If no, why not?