The questions are to be answered on the basis of what is stated or implied in the passage.Choose the most appropriate response that accurately and completely answer the question. A contract of guarantee is a contract to perform the promise, of discharge the liability,of a third person in case of his default. Anything done,or any promise made,for the benefit of the principal debtor may be a sufficient consideration to the surety for giving the guarantee.In every contract of guarantee there is an implied promise by the principal debtor to indemnify the surety, and the surety is entitled to recover from the principal debtor whatever sum he has rightfully paid under the guarantee,but no sums, which he has paid wrongfully. Any guarantee,which has been obtained by means of misrepresentation made by the creditor, or with his knowledge and assent, concerning a material part of the transaction,is invalid.Any guarantee,which the creditor has obtained by means of keeping silence as to material circumstance, is also invalid.

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(A) Conditions for a Hindu Marriage	(i) Section 13
(B) Registration of Hindu Marriage	(ii) Section 10
(C) Judicial Separation	(iii) Section 5
(D) Divorce	(iv) Section 8

I. Arbitration of excepted matters	1. A. Ayyasamy v. A. Paramasivam, (2016) 10 SCC 386
II. Conditional Arbitration Clauses	2. In re - Interplay between Arb Agreements and Stamp Act 2023 INSC 1066
III. Separability of Arbitration Agreement - Kompetenz Kompetenz	3. Vulcan Insurance Co Ltd v. Maharaj Singh and Anr (1976) 1 SCC 943
IV. Arbitrability of fraud	4. Mitra Guha Builders (India) Co v. ONGC (2020) 3 SCC 222

I. Uti Possidetis	1. Principle in customary international law providing that where there has been a fundamental change of circumstances since an agreement was concluded, a party to that agreement may withdraw from or terminate it.
II. Pacta Sunt Servanda	2. Two or more states equally exercise sovereignty with respect to a territory and its inhabitants.
III. Condominium	3. Doctrine that territory remains with the possessor state at the end of war or occupation unless otherwise determined by a treaty or an agreement.
IV. Rebus Sic Stantibus	4. Proposition that treaties are binding upon the parties to them and must be performed in good faith.

The Correct Option is C

Solution and Explanation

Jill is indebted to Jack and Jim is the surety for the debt. Jack demanded the debt from Jim and he refused to pay the same. On Jim’s refusal Jack sued him. Jim had reasonable grounds to defend the suit but was compelled to pay the amount of the debts with costs. Identify the right option for Jim.

The Correct Option is A

Solution and Explanation

The Correct Option is B

Solution and Explanation

Jim guarantees to Jack,to the extent of Rs. 5000,payment for goods to be supplied by Jack to Jill.Jack supplies to Jill goods less than Rs. 5000,but obtains from Jim payment of the sum of Rs. 5000 in respect of the goods supplied.Identify the correct statement:

The Correct Option is C

Solution and Explanation

Jill owes money to Jack and Jim stood as surety for Jill. Jack’s claim became time barred against Jill but because of some payment by Jim it was in time against Jim. In a suit filed by Jack against Jim, Jim compromises by paying a lesser sum. Identify the correct statement:

The Correct Option is B

Solution and Explanation

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