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This document summarizes various special contracts under Indian contract law: 1) Contract of indemnity, guarantee, bailment and pledge are discussed along with their key features and parties involved. 2) For contract of indemnity, the indemnifier promises to save the indemnity holder from any loss caused due to the conduct of the promisor or third party. Guarantee involves a surety assuring a creditor that a debt will be paid if the principal debtor defaults. 3) Bailment is the delivery of goods by one

Author

swatishet

Language

EN