Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Characteristics of Contract of Guarantee
(a) There have be three parties: as the creditor, as the debtor and as like the surety or like guarantor.
(b) There have be as a primary liability where in some person other than the guarantor; like such the guarantor must subsist liable merely secondarily, such to pay whether the debtor does not be pay.However the assumption of personal legal responsibility is not essential in as a guarantee. Further the provision of safety is enough: like Re Conley.
(c) The guarantor is completely unconnected about the contract except through means of his promise to such for discharge the debtor's liability whether he does not do like.
(d)Have to be evidenced through some note or like memorandum.
Glenda has taken a household insurance on her classic Queenslander home in North Queensland. At the time of application, the insurer "URINSURED" asked various questions regarding
Order of application of assets: The order of application of assets is therefore as follows: (a) secured creditors who have fixed charges are entitled to be paid out of thei
State about the Security Council of United Nations? The Security Council: The Security Council has main responsibility for the preservation of international peace and sec
Conrad put an advertisement in a newspaper on 19 November offering to sell his motor boat for $35,000. On 21 November, Joe rang Conrad and said he was prepared to pay $30,000 for t
Compulsory Liquidation : A petition is presented to the High Court under s.218 of the Companies Act. The petition will specify one of the
QUESTION 1 The global business sector has been expanding rapidly in Mauritius. Discuss the role of the FSC in this sector QUESTION 2 Tony is the director of Xservices L
Exceptions of Merger accounting: S.56 (1) permits a company to give financial assistance for a purchase of, or subscription for, its shares in the following circumstances:
QUESTION 1 Explain clearly how Public Policy making constitutes a major function of Government QUESTION 2 Account for the role of Public opinion in the identification o
Disadvantages of Statute Law: Imposition of law However some Acts are imposed on the people and reflect the views of the pundits or Executive in the ruling political part
Collecting Banker Furthermore a collecting banker is protected through the following provisions: like; (i)Bills of Exchange or Swap Act. with S.82 (1) provides such a ban
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd