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Section 127 of the Indian Contract Act, 1872 deals with:

Section 127 of the Indian Contract Act, 1872 is headed "Consideration for guarantee" and treats anything done or promised for the principal debtor's benefit as sufficient…

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Section 127 of the Indian Contract Act, 1872 deals with:

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Section 127 of the Indian Contract Act, 1872 is headed "Consideration for guarantee" and treats anything done or promised for the principal debtor's benefit as sufficient consideration to the surety. Indemnity is defined in section 124, bailment in section 148, and co-extensive liability is section 128.

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