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Law · Q84

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 84

Q84

Read Assertion (A) and Reason (R) and give the correct answer with the help of given below: Assertion (A): The surety has no right to restrain execution against him until the creditor exhausted all his remedies against the Principal Debtor. Reason (R): The Liability of the surety is co-extensive with that of the Principal Debtor, unless it is otherwise provided by contract.

A.
(A) and (R) are true and (R) is the correct explanation of (A)
Answer
B.
(A) and (R) are true but (R) is not the correct explanation of (A)
C.
(A) is false, but (R) is true
D.
(A) is true but (R) is false

Answer: Option A

Solution

Answer: Option A
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