Arrange the provisions of the Indian Contract Act, 1872 in chronological order sectionwise. A. Bailment…
In the Indian Contract Act, 1872 the special contracts appear in this order: indemnity (Section 124), guarantee (Section 126), bailment (Section 148), pledge (Section 172)…
Choose your answer
Arrange the provisions of the Indian Contract Act, 1872 in chronological order sectionwise.
A. Bailment
B. Pledge
C. Agency
D. Indemnity
E. Guarantee
Answer and explanation
Correct answer B
In the Indian Contract Act, 1872 the special contracts appear in this order: indemnity (Section 124), guarantee (Section 126), bailment (Section 148), pledge (Section 172) and agency (Section 182), giving the sequence "D, E, A, B, C".
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