Question
With reference to Section 126 of The Indian Contract
Act, 1872 read the following statements and select the correct option from below: 1. Guarantee must always be written 2. A guarantee may either be either oral or writtenSolution
Section 126. "Contract of guarantee", "surety", "principal debtor" and "creditor”- A "contract of guarantee" is a contract to perform the promise, or discharge the liability, of a third person in case of his default. The person who gives the guarantee is called the "surety"; the person in respect of whose default the guarantee is given is called the "principal debtor", and the person to whom the guarantee is given is called the "creditor". A guarantee may be either oral or written.
Statement: T>U<V<X=C>S ;U<P ≥X
I. T < P
II. P > S
Which of the following expressions will be true if the expression ‘L ≥ M < N = O’ is definitely true?
Statements: P > Q ≤ R; Q ≥ O > S; T < S ≤ U
Conclusions:
I. T < R
II. U ≤ Q
III. P > U
...Statements:
E ≤ A > J ≥ L; Y > J < D
Conclusions:
I. D > L
II. A > L
Statements:
P < Q < R < K ≤ B < H; K > A ≥ Y
Conclusions:
I) P < Y
II) R ≥ A
Statement: A < B; D ≤ C = B; I > C; E ≥ B
Conclusion:
I. I > E
II. E ≥ I
Statements: M > P > Q < R = T; A < B ≤ C = P; L > N = T > X
Conclusions:
I. R > P
II. R < P
...In which of the following expression will the expression ‘Q > T’ be definitely false?
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is/are definitely true and then ...
Statement: T < U; W ≤ V = U; I > V; X ≥ U
Conclusion:
I. I > X
II. X ≥ I
