1. It consists of 3 parties namely the guarantor, creditor and the principal debtor.
2. The guarantor’s liability is secondary or collateral
3. The guarantor has no interest in the transaction between the parties.
4. The contact must be evidenced by some note or memorandum.
sharon kalunda answered the question on April 12, 2019 at 12:35
-
Discuss three types of contract of guarantee.
(Solved)
Discuss three types of contract of guarantee.
Date posted:
April 12, 2019
.
Answers (1)
-
Outline the two types of indemnities.
(Solved)
Outline the two types of indemnities.
Date posted:
April 12, 2019
.
Answers (1)
-
Highlight ways in which the hire purchase act attempts to protect the hirer for exploitation.
(Solved)
Highlight ways in which the hire purchase act attempts to protect the hirer for exploitation.
Date posted:
April 12, 2019
.
Answers (1)
-
State the purposes served by the registration of a hire purchase agreement.
(Solved)
State the purposes served by the registration of a hire purchase agreement.
Date posted:
April 12, 2019
.
Answers (1)
-
Highlight the circumstances under which the Registrar may refuse to register a Hire Purchase Agreement.
(Solved)
Highlight the circumstances under which the Registrar may refuse to register a Hire Purchase Agreement.
Date posted:
April 12, 2019
.
Answers (1)
-
State the content of the Hire Purchase agreement.
(Solved)
State the content of the Hire Purchase agreement.
Date posted:
April 12, 2019
.
Answers (1)
-
Outline the content of the hire purchase contract.
(Solved)
Outline the content of the hire purchase contract.
Date posted:
April 12, 2019
.
Answers (1)
-
Highlight the circumstances that can make the contracts of sale of goods void.
(Solved)
Highlight the circumstances that can make the contracts of sale of goods void
Date posted:
April 12, 2019
.
Answers (1)
-
Highlight the characteristics of tort law.
(Solved)
Highlight the characteristics of tort law.
Date posted:
April 12, 2019
.
Answers (1)
-
Explain why partnerships are considered to be incorporated associations.
(Solved)
Explain why partnerships are considered to be incorporated associations.
Date posted:
April 12, 2019
.
Answers (1)
-
State and explain the two ways in which corporations are created.
(Solved)
State and explain the two ways in which corporations are created.
Date posted:
April 12, 2019
.
Answers (1)
-
State and explain the two types of corporation.
(Solved)
State and explain the two types of corporation.
Date posted:
April 12, 2019
.
Answers (1)
-
Highlight the important aspects in the structure of the courts.
(Solved)
Highlight the important aspects in the structure of the courts.
Date posted:
April 12, 2019
.
Answers (1)
-
Outline the functions/purposes of administrative law.
(Solved)
Outline the functions/purposes of administrative law.
Date posted:
April 12, 2019
.
Answers (1)
-
State and explain the categories of administrative functions.
(Solved)
State and explain the categories of administrative functions.
Date posted:
April 12, 2019
.
Answers (1)
-
What does the administrative law deal with?.
(Solved)
What does the administrative law deal with?.
Date posted:
April 12, 2019
.
Answers (1)
-
Describe the supremacy of the constitution as far as law is concerned.
(Solved)
Describe the supremacy of the constitution as far as law is concerned.
Date posted:
April 12, 2019
.
Answers (1)
-
Highlight the issues addressed by the constitution of kenya
(Solved)
Highlight the issues addressed by the constitution of kenya
Date posted:
April 12, 2019
.
Answers (1)
-
Outline the purpose/functions of a law.
(Solved)
Outline the purpose/functions of a law.
Date posted:
April 12, 2019
.
Answers (1)
-
Highlight characteristics of law.
(Solved)
Highlight characteristics of law.
Date posted:
April 12, 2019
.
Answers (1)