Essentials of a valid contract of Guarantee | Section-127, 142, 143 (Contract Act 1872)

Hey Everyone!

In this video the concept of "Contract of Guarantee" is explained with reference to Essentials of a valid contract of guarantee alongwith illustrations of the Indian Contract Act 1872.
Following sections are discussed
》Section-127 Consideration for Guarantee
》Section-142 Guarantee obtained by Misrepresentation, invalid
》Section-143 Guarantee obtained by concealment, invalid.


My courses
• Law of Torts :    • Law of Torts  

• Contract Act 1872 (General Contract)
   • Contract Act 1872 (General Contract)  

Link of previously covered chapters is below
1) Contract of Indemnity (Section-124)
   • Contract of Indemnity | Section-124 (...  

2) Contract of Guarantee (Section-126)
   • Contract of Guarantee defined | Secti...  

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Hope you have enjoyed and learned in an easy way

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#contractact#section127#contractofguarantee