the liability of surities in co-extensive with the liability of principal debtor. discuss
Answer (1)
3rd May, 2021
Hello candidate,
First of all, the liability of the surety is co-extensive with that of the principal debtor, unless it is otherwise provided by the contract.
Moreover, The provision that the surety's liability is coextensive with that of the principal debtor means that his liability is exactly the same as that of the principal debtor.
Hope it helps!!
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