Under law of limitation , the liability of a guarantor is .
A) 3 years form the date of document.
B) 3 years from the date of default of the advance.
C) 3 years from the date when the dema
D) is made on guarantor.
Correct Answer:
Verified
Q8: "Sans recourse" means _.
A)i am not afraid
B)do
Q9: When a drawer draws a cheque without
Q10: The highest credit risk rating that can
Q11: Bankers, in general, are hesitant to finance
Q12: Factoring means .
A)financing against bills receivables.
B)financing invoices
Q14: The first bank to be established in
Q15: Which type of securities are held by
Q16: Quasi Negotiable Instrument is accepted like Negotiable
Q17: Loan documents executed out of India must
Q18: Usance bills or promissory notes drawn out
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