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Start learning 50% faster. Sign in nowSection 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
Depreciation is charged on fixed assets to comply with which of the following accounting principle?
The parallel sides of a Trapezium is 20 and 46cm respectively and the non-parallel sides were 10 cm and 24 cm respectively. If the non-parallel sides we...
A leter is taken out at random from the word 'ASSAM' and a leter is taken out at random from the word 'NAGALAND'. What is the probability that the two l...
Who among the following is the author of the book 'The Little Book of Encouragement'?
A Janapadin was the ____________of a janapada.
Who became the 1st women president of the Indian Olympic Association?
International Labour Organization’s Convention No 102 sometimes seen in the news, is related to?
If there is a loss of 20% on selling the article at 16/21 of the original selling price then what will be the percentage profit after selling the articl...
Consider the following statements about enforcement of the Constitution:
1. Some of the constitutional provisions related to citizenship, electio...
Which bridge was inaugurated by Prime Minister Narendra Modi on 24 February 2024 to connect Dwarka in the Gulf of Kutch region ?