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  • Odisha Judicial Service Examination (Prelims) - 2013
  • A continuing guarantee may be revoked
Multiple choice

A continuing guarantee may be revoked

  1. by notice to the creditor

  2. by surity’s death

  3. by both (1) and (2)

  4. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

At any time, a continuing guarantee about future transactions can be revoked by the surety by notice to the creditor and continuing guarantee can be revoked by death of surety.

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