Q1032
A becomes surety to C for B's conduct as a manager of C's bank. Afterwards B and C contract, without A's permission that B shall become liable for one-fourth of the losses on overdraft. B allows a customer to withdraw and the bank losses a sum of money. To make good this loss A is-
A.
Wholly liable
B.
Not liable
AnswerC.
Liable to the extent of one-fourth
D.
Liable to the extent of three-fourth
Answer: Option B
Solution
Answer: Option B
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