Question

A guarantee which extends to a series of transactions, is called a________________

A Continuous guarantee Correct Answer Incorrect Answer
B Continuing guarantee Correct Answer Incorrect Answer
C Future transaction guarantee Correct Answer Incorrect Answer
D Either a b or c Correct Answer Incorrect Answer
E Either a or b Correct Answer Incorrect Answer

Solution

Section 129.  "Continuing guarantee": A guarantee which extends to a series of transactions, is called a "continuing guarantee"

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