Page 52 - DMGT407Corporate and Business Laws
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Unit 2: Consent, Indemnity and Guarantee Acts
10. Analyse the circumstances under which a surety may be discharged from the liability by Notes
the conduct of the creditor.
11. Analyse the effects of the mistakes on the validity of the contract.
Answers: Self Assessment
1. consent 2. freely
3. Indian Penal Code 4. voidable
5. power 6. full knowledge
7. false 8. damages
9. fraud 10. three
11. fact 12. bilateral
13. co-sureties 14. surety
15. operation of law 16. Indemnity
17. primary 18. secondary
2.13 Further Reading
Book S S Gupta, Business Law.
Online links drambedkarlawcollege.com/3years.pdf
www.vakilno1.com/bareacts/indiancontractact/indiancontractact.html
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