A continuing guarantee may at any time be revoked by the surety by notice to the creditor:
Verified Answer
A. as to future transactions
B. as to past transactions
C. as to the past as well as future transactions
D. a continuing guarantee cannot be revoked at all
Explanation:
Section 130 of the Indian Contract Act, 1872 states that a continuing guarantee may at any time be revoked by the surety, as to future transactions, by notice to the creditor.