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      Question

      A Continuing Guarantee applies

      to_______________
      A To a series of transactions Correct Answer Incorrect Answer
      B To a specific transaction Correct Answer Incorrect Answer
      C To any number of transactions Correct Answer Incorrect Answer
      D To a reasonable number of transactions Correct Answer Incorrect Answer

      Solution

      Contract Act  Section 129. “Continuing guarantee”—A guarantee which extends to a series of transactions, is called a “continuing guarantee”.

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