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picture1_Contract Template Pdf 204069 | Unit 9


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File: Contract Template Pdf 204069 | Unit 9
UNIT .9 INDEMNITY AND GUARANTEE Structure Objectives Introduction Meaning of Contract of Indemnity Rights of Indemnity Holder Commencement of Indemnifier's L,iability Meaning of Contract of Guarantee Distinction between ...

icon picture PDF Filetype PDF | Posted on 10 Feb 2023 | 2 years ago
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...Unit indemnity and guarantee structure objectives introduction meaning of contract rights holder commencement indemnifier s l iability distinction between extent surety liability kinds revocation continuing a i against tile principal dehtor the creditor co suret cs discharge from by gunror tcc conduct thc crcditor invalidation let us sum up key words answers to check your progress terminal questions after studying this you should be able define describe inclcrnnity distinguish cqntract guarantec expalin explain when is discharged have so far studied principles applicable contracts in general now take particular species viz since these are specific types fully such will learn right also study difference guarantees term simply means make good loss compensate party who has suffered some defined section indian act as follows acontract which one promises save other caused him promisor himself or any person called inden nitg for whom promise made whose known sperlflc indemnified example inde...
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