Section 125 of the Indian Contract Act, 1872 deals with:
Section 125 of the Indian Contract Act, 1872 is headed "Rights of indemnity-holder when sued" and lets him recover damages, costs and sums paid under a compromise from the…
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Section 125 of the Indian Contract Act, 1872 deals with:
Answer and explanation
Correct answer B
Section 125 of the Indian Contract Act, 1872 is headed "Rights of indemnity-holder when sued" and lets him recover damages, costs and sums paid under a compromise from the promisor. The contract of guarantee is defined in section 126, and compensation for breach is section 73.
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