Question

A contract by which one party promises to save the other from loss caused to him by the contract 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.

Practice Next
×
×