In contract of guarantee, the liability of surety will - Practice (English) | ObjectiveMcq

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In contract of guarantee, the liability of surety will - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementBusiness LawIn contract of guarantee, the liabi...

Business Law Business ManagementEasy

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In contract of guarantee, the liability of surety will arise

Correct Answer:

(C) When principal debtor defaults the payment

Explanation:

When principal debtor defaults the payment

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