Why Is Placing a Seal Beside the Signature of a Guarantor

question 11

Multiple Choice

Why is placing a seal beside the signature of a guarantor signing a guarantee still enforced in modern-day Canadian society?

• A) Absence of the seal renders the gratuitous promise in the guarantee unenforceable.
• B) Absence of the seal suggests absence of the intention of the parties to contract.
• C) Absence of the seal suggests an absence of acceptance of a firm offer.
• D) Absence of the seal renders acceptance of the offer of guarantee unenforceable.

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