Multiple Choice Questions on A contract by which one party promises the other party to save from loss which may be caused either ........... for Judicial Services (Master) Preparation

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Multiple Choice Questions

A contract by which one party promises the other party to save from loss which may be caused either ...........

Indian Contract Act (ICA)1872 indemnity and guarantee
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    A contract by which one party promises the other party to save from loss which may be caused either by the conduct of the promissor or by the conduct of any other person is called as --------

    Contract of Bailment

    Incorrect Answer

    Contract of Guarantee

    Incorrect Answer

    Contract of Pledge

    Incorrect Answer

    Contract of Indemnity 

    Correct Answer
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    Explanation:

    Contract of Indemnity 

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