Question
A 'contract of GUARANTEE' under Section 126 of the Indian Contract Act, 1872 is distinguished from a contract of indemnity in that it involves:
More Law of Contracts Questions
- J, a minor, borrows ₹2 lakh from a money-lender to buy a luxury mobile phone, and separately purchases essential food and clothing on credit from a shopkee...
- Under section 2(d) of the Indian Contract Act, 1872, consideration is defined as an act, abstinence or promise done or suffered 'at the desire of the promi...
- Under Section 12 of the Bharatiya Vayuyan Adhiniyam, 2024, rules made by the Central Government for the investigation of aircraft accidents or incidents ma...
- A sixteen-year-old student enters into an agreement to purchase a motorcycle worth ₹1,20,000 on credit. Under the Indian Contract Act, 1872, this agreement...
- Under Section 20 of the Airports Authority of India Act, 1994, the Authority shall be competent to enter into and perform any contract necessary for the di...
- A bank issues an unconditional BANK GUARANTEE in favour of B to secure C's performance. C commits default and B invokes the guarantee, but C disputes the u...
- Which of the following best describes a contingent contract?
- A agreed to deliver a critical machine part to B's factory by 1 June. A, unaware that B had no spare part, delivered it on 10 June. B sued A for the loss o...
- Ravi sells his house to Suresh by a registered sale deed but refuses to hand over possession. Suresh's effective remedy before the civil court is:
- Which of the following is true regarding a contract that comprises an affirmative agreement to do an act coupled with a negative agreement not to do an act...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)