Wednesday, March 18, 2009

CHAPTER NO.11 (INDEMNITY AND GUARANTEE)

BUSINESS LAW
(KHALID MAHMOOD CHEEMA)

CHAPTER NO.11 (INDEMNITY AND GUARANTEE)

Contract of Guarantee
section 126
(see page 116 of book -headings with examples)
Essentials features
1) Secondary Contract
(see page 117 of book -headings with examples)
2)Consideration
(see page 117 of book -headings with examples)
3)Misrepresentation
(see page 117 of book -headings with examples)
4)Concealment
(see page 118 of book -headings with examples)
5)Writting not necessary
(see page 118 of book -headings with examples)

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