Question

The concept of invalid guarantee is covered under Sections _______.

• A. 142-146
• B. 142-144
• C. 143-147
• D. 140-143

Answer 1

The Correct Option is A

The Indian Contract Act, 1872, covers the concept of invalid guarantees under Sections 142 to 146. These sections outline the circumstances under which a guarantee may be deemed invalid, such as when the guarantee is obtained by misrepresentation or when the creditor has discharged the principal debtor without the guarantor’s consent.