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[Cites 0, Cited by 0] [Section 127] [Entire Act]

State of Jammu-Kashmir - Subsection

Section 127(a) in Jammu and Kashmir Contract Act, Svt. 1977 (1920 A.D.)

(a)B requests A to sell and deliver to him goods on credit. A agrees to do so provided C will guarantee the payment of the price of the goods. C promises to guarantee the payment in consideration of A's promise to deliver the goods. This is a sufficient consideration for C's promise.