The concept of invalid guarantee is covered under Sections ______ of the Indian Contract Act, 1872.
Invalid guarantees are covered by Sections "142-144" of the Indian Contract Act, 1872: Section 142 invalidates a guarantee obtained by misrepresentation, Section 143 one…
Choose your answer
The concept of invalid guarantee is covered under Sections ______ of the Indian Contract Act, 1872.
Answer and explanation
Correct answer B
Invalid guarantees are covered by Sections "142-144" of the Indian Contract Act, 1872: Section 142 invalidates a guarantee obtained by misrepresentation, Section 143 one obtained by concealment, and Section 144 provides that a guarantee given on the condition that a co-surety will join is not valid if that person does not join.
Practice for these exams
-
All India Bar Examination (AIBE)
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Supreme Court Law Clerk and Research Associate
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision