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    Question

    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 a "contract of ________________".
    A Guarantee Correct Answer Incorrect Answer
    B Bailment Correct Answer Incorrect Answer
    C Indemnity Correct Answer Incorrect Answer
    D Pledge Correct Answer Incorrect Answer

    Solution

    Section 124 Contract of Indemnity Defined.

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