Business Law - Business Law Section 1
- Option : B
- Explanation :
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- A
A is not discharged by the change from future liability under the guarantee, though the misconduct of B is in respect of a duty not affected by the later Act
- B
A is discharged by the change from future liability under the guarantee, though the misconduct of B is in respect of a duty affected by the later Act
- C
A is discharged by the change from future liability under the guarantee, though the misconduct of B is in respect of a duty not affected by the later Act
- D
None of these
- Option : C
- Explanation :
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- A
The guarantee given by A was not a continuing guarantee, and he is not accordingly liable to b to the extent of Rs. 100
- B
The guarantee given by A was a continuing guarantee, and he is also liable to B to the extent of Rs. 200
- C
The guarantee given by A was a continuing guarantee, and he is accordingly liable to B to the extent of Rs. 100
- D
None of these
- Option : C
- Explanation :
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- Option : A
- Explanation :
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