πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Which of the following is NOT typically considered a

      bank guarantee issued by banks?
      A Performance Guarantee Correct Answer Incorrect Answer
      B Financial Guarantee Correct Answer Incorrect Answer
      C Bid Bond Guarantee Correct Answer Incorrect Answer
      D Personal Guarantee Correct Answer Incorrect Answer
      E Advance Payment Guarantee Correct Answer Incorrect Answer

      Solution

      A personal guarantee is provided by individuals (often promoters), not by banks. Bank guarantees include performance, financial, bid bond, and advance payment guarantees.

      Practice Next
      ask-question