Section 147 of the Indian Contract Act, 1872 deals with:
Section 147 deals with co-sureties "bound in different sums", who pay equally so far as the limits of their respective obligations permit. The general rule of equal shares…
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Section 147 of the Indian Contract Act, 1872 deals with:
Answer and explanation
Correct answer B
Section 147 deals with co-sureties "bound in different sums", who pay equally so far as the limits of their respective obligations permit. The general rule of equal shares is section 146, the benefit of securities section 141, and release of one co-surety section 138.
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