What happens to a continuing guarantee in case of surety's death?
A. Indemnification from the property of the surety with regard to future transactions
B. Revocation of the continuing guarantee with regard to future transactions
C. The continuing guarantee shall continue in the name of the surety's heirs
D. The continuing guarantee shall be continued by any other person
Answer: Option B
This Question Belongs to Commerce >> Legal Aspects Of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
A. Proposal
B. Promise
C. Contract
D. None of these
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
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