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Law · Q149

Indian Contract Act

Graduate and Post Graduate · Law · question 149

Q149

Under the contract of guarantee, the liability of the surety

A.
Can be limited
B.
Cannot be limited & has to extend to the whole of the amount due from the principal debtor
Answer
C.
Can be extended to penalties also
D.
Both B and C

Answer: Option B

Solution

Answer: Option B
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