Notes Indemnity and Guarantee

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hwquned,

Qlna incbles & TCA, 1a 12 also applicabl< whewevea

bto make good


’ Tndemnity means sauty againt Los
lom

-’ &ee. 24 ’ de<nes Contaet ct hdemit

ang olhe peson,

gaden

’ laty uho pomnto te indemniy the


to lom
Paty uha Baved rm lo.

TndenndIndemny halde y

Soope Caves
othen
Natual Evert nt Coveu.
eeident,
Los du t Act of God, (iqu2)- Deenin tale
Moneshwan adan
Moeshwa vg
Law whic hy idu keope. Hee all tye.
coveud includi matal calanaty
loser
las Adamson vls Jans
pea
b Beo
b benun mey ba Limted or Na nlimde)
(
Mode
Inplied. ( Ciretunatanccondut)
Mut l l toseuhal o a valit contat Mut n be unlafps.
’ fire Jnsane Maine aue ineluded
indemnty but nst tife
lec. 12s
I2f hdemnity Atde
a kiit.

Conmne
’ Liabi lity. e indemakes

indemnty Shen
the thee a

Contaet of Guaante (lee . 126)

Conat to
anade diacwe
ki dafau.
who give, guaramlee
given
Coniat involved

Contach ot Quanentu
CTai þauhtu Agaemeat)

|Pinopal Secoda
|Trflied Coahat|

Credtr Cudutr Psinib


Debter
(Litersa) COep t ) (lat) ut) (liceaea )
Essential feales

2. No No uin pl debt, ho vald gusahe

Coridaton - I. Guaaatee withot Comiduatin i void.


2, See. I27 - HoweNe, coiduahon heeived b

3. Past Cnidath Conoiduation void.


debtor n
4. Guaatu b valid even i puinupl
inconmpeteas ta Cotrat,

Cnbae,

3, Eriateno o Liabi ly Liab1 lily gant


hgaly valid.
l43),
fact i invalid (lee. i42
Concealet
Wte hot Neesay
Jtten sal.

tu &suety t Condtm
6. (see Iku)- No quaa tu
Co

2. Gatining Guaundee Extend, to a ie.


quanentu Conthnut

Coniat Guaulu

I. 2 pod . 3pauts
2. Liabiliby e indemne a prinay Condihina
habpenn:.
9. Labilty Cn
3, Liabliy auunes
pinusal debs.

ihpa debler.

S.
5. Cualy Cam
deblor

6. lupoe

unula debtor n n
1, A hute be Conpetent7.
Deblon dochage
134) (ser. dslen bunepal
made
Cudtir Gnduut
o by2.
adilr-)
(seeCetse ofteums cea,
Vaui By
c2) (lec. Yovalm -
iablllin pont
frliable Lalalr but diats uetys guaate Revocatm4 b)
etysdiah
(See
-B) by
fulhe yuot
byguanantes
girng
Suuy Guaal Revochan
hevolee Can -I3o See.
idito Revocatun by
invalidatusn On aeCondeto by
idvidually tet full the
132) (Se.
both hen deb, a ae
qud. Cudle
ed
tedu abiolv deb
b lon sinsal 3,
llved. also Luet dofeet,
4deblo pinubo abiliy
t Li
r
Buety
98) (ee. lily linbi Suats leat Erad Nalu
Culan Cordtu (ter 135)
bstkane
Corbact betslen purifd

) Pamiat give Lt When

in ehted
ti call

tt do debtan in dn th 3 pauty

inca dehtor uedt)


kzhe lau between
d) by cudtais act omuon (See .139)
duto
Chidoaa
(9BIb tate bank of Saahhe vs

3)
Concealmat (See.143). lene
Guaraee
) invad.
1, matual fats
Conditun
Guaans invoked on
doe.ns jom
a

eblir

tine bal desto.

Ruyht ajaumt ldslir

Right t sha duelon Qut ha a

clain boþotisa keductin in his liablit, ot bine


deston bems ialvend.

buuly fems dest quasnlu? by mou pesen


Co- suey
sustue, iable to cerai bute ynaly (sec. I46)
ay Co-

f'exa-de . Co buety kinid A- Rsl, B- Rs2, e- Rit 1

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