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What difference between indemnity and contract and contract of guarantee?
A contract of guaranty is a collateral undertaking, and presupposes an original contract; while a contract of indemnity is original and independent. In a contract of indemnity, the undertaking is to make good and save harmless the person, with whom the contract is made, upon an obligation of such person to a third person; while, in a contract of guaranty, the obligation is to answer for the debt, default, or miscarriage of another to the person with whom the contract is made.
What is Joseph's strongest argument to explain why the bank cannot enforce the guaranty?
Joseph's strongest argument may be that the bank failed to provide consideration for the guaranty, making it legally unenforceable. Without an exchange or promise of something of value in return for the guaranty, it may not be considered a valid contract. Additionally, Joseph could argue that the bank did not follow proper procedures or provide him with adequate information before he signed the guaranty.
What are disadvantages of using car?
What are disadvantages of using car?
What are the disadvantages of using no contract cell phones?
No-contract cellphones cost money, and don't come with the discounts one might get from a contract upgrade or renewal. The cost per minute is often higher with prepaid cellphones. Also, minutes are limited which requires careful management.
When did Guaranty Bank end?
Guaranty Bank ended in 2009.
What are advantages and disadvantages of using a heligimbal?
what are the advantages and disadvantages of using a heligimbal
What are the disadvantages of using silk fiber?
no disadvantages
What are some disadvantages of using loudspeakers?
disadvantages
When was Prudential - Guaranty - Building created?
Prudential - Guaranty - Building was created in 1894.
When was Comics Guaranty created?
Comics Guaranty was created on 2000-01-04.
What is Guaranty Trust Bank's population?
The population of Guaranty Trust Bank is 2,010.
What is the symbol for Guaranty Bancorp in NASDAQ?
The symbol for Guaranty Bancorp in NASDAQ is: GBNK.
