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picture1_Contract Act Pdf 203417 | Contract Of Guarantee


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File: Contract Act Pdf 203417 | Contract Of Guarantee
AN INTRODUCTION TO THE CONTRACT OF GUARANTEE AND THE EXTENT OF THE LIABILITY OF A GUARANTOR 1. WHAT IS CONTRACT OF GUARANTEE? A contract of guarantee can be described as ...

icon picture PDF Filetype PDF | Posted on 10 Feb 2023 | 2 years ago
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...An introduction to the contract of guarantee and extent liability a guarantor what is can be described as assurance creditor that if principal debtor fails pay or surety would repay debt court appeal in wema bank plc anor v alaran frozen foods agency nigeria limited relying on halsbury s laws england th edition vol at paragraph defined thus accessory by which promisor undertakes answerable promise for default miscarriage another person whose primary must exist contemplated under one with some perform act duty owed third who nevertheless remains primarily liable such payment performance i e giving becomes only without obligation there no written undertaking made second responsible certain also legal will duly carried out it something given existing security fulfill future engagement condition subsequent black law dictionary page defines collateral agreement binds event non obligor answer first instance make gold link insurance company ltd petroleum special trust fund lpelr ca encycloped...
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