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- Subject
- 1872 Contract Actjudiciary-and-law-mcqs › 1872-contract-act
- Published
- 7 May 2019
- Last updated
- 28 May 2026
Explanation
A continuing guarantee is one that applies to a series of transactions rather than a single one. Unlike a specific or special guarantee, it remains in effect until it is revoked or fulfilled.
More 1872 Contract Act MCQs
Practice related questions from the same subject.
- 1.According to Article 214 of the Contract Act, to whom must an agent report when facing difficulties?
- 2.According to Section 201 of the Contract Act, an agency relationship may be ended by which of the following actions?
- 3.According to Section 189 of the Contract Act, what extent of authority does an agent have during an emergency?
- 4.In an agency relationship, what is the term for a person who works under the authority of the original agent within the agency business?
- 5.Which of the following roles cannot be held by an individual who is legally unsound?
- 6.Under Section 183, who is legally permitted to appoint an agent?
- 7.Which topic is addressed under Section 178 of the Contract Act, 1872?
- 8.What is the term used for the bailment of goods given as security to ensure payment of a debt or fulfillment of a promise?
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