Essay
A promise to perform the obligation of another person if that person defaults is referred to at law as a guarantee.It will usually arise in one of three common business situations.Briefly describe these circumstances.
Correct Answer:
Verified
Firstly,in some circumstances a creditor...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q44: Julie entered an art gallery with a
Q45: A,a smoker,applies for life insurance,designating his wife,who
Q46: Donna owns a commercial building that has
Q47: An insurance contract is one that is
Q48: If a material change in risk occurs
Q50: The act of forbearance of some deed
Q51: Leah,while driving her vehicle on a narrow
Q52: When Dennis applied for a policy of
Q53: What constitutes the consideration to the guarantor
Q54: A life insurance policy of the type