guarertee

what is specific guarentee

Reply Follow

2 Replies

Rupin Dhama 25 January 2020

what is the specific question?

For Free legal advice or more information contact us on whatsapp 9999121211 or facebook on rupin.lawjunction@gmail.com or email us on info.lawjunction@gmail.com

divya chowdary 28 January 2020

A specific guarantee is for a single debt or any specified transaction. It comes to an end when such debt has been paid. ... A continuing guarantee applies to all the transactions entered into by the principal debtor until it is revoked by the surety.