Corporate Law – Discuss the term ‘Continuing Guarantee’. How can it be revoked

1. (a) Discuss the term ‘Continuing Guarantee’. How can it be revoked?

State briefly the rights and obligations of a bailee.

2. (a) What do you understand by the term Implied ‘Authority of a partner’?

(b)  Enumerate the acts which are not covered under implied authority.

[…]