Multiple Choice Questions on S and P go into a shop S says to the shopkeeper C ldquo let P have the goods and if he does not pay ........... for Judicial Services Exam (JS) Preparation

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Multiple Choice Questions

S and P go into a shop S says to the shopkeeper C ldquo let P have the goods and if he does not pay ...........

Indian Contract Act (ICA)1872 indemnity and guarantee
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    S and P go into a shop. S says to the shopkeeper, C “let P have the goods and if he does not pay you, I will”. This is a __________

    Contract of guarantee

    Correct Answer

    Contract of indemnity

    Incorrect Answer

    Wagering contract

    Incorrect Answer

    Quasi-contract

    Incorrect Answer
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    Explanation:

    Contract of guarantee

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