What are the types of Guarantees?
There are two types of contract of guarantee i.e. Specific guarantee and continuing guarantee. When a guarantee is given only for single debt or transaction and is to come to an end when the guaranteed debt is paid or the promise is duly performed, it is called a specific or simple guarantee. A guarantee which extends to a series of transactions is called a continuing guarantee. In this case the surety’s liability would continue till all the transactions are completed or till the guarantor revokes the guarantee as to the future transactions.
Select the wrongly spelt word.
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Branch of physics dealing with the properties of sound
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RELUCTANT
1) I except that
2) I am short
3) tempered, but
4) so are you.
5) No error
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Once in a blue moon
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They drank some spurious drink and fainted.
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APPLAUSE
Something that can be very easily broken.
Apogee
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India needs life...