The discharge of surety under Section 134 of the Indian Contract Act, 1872 is based on:
Section 134 of the Indian Contract Act, 1872 discharges the surety "by any contract between the creditor and the principal debtor, by which the principal debtor is…
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The discharge of surety under Section 134 of the Indian Contract Act, 1872 is based on:
Answer and explanation
Correct answer B
Section 134 of the Indian Contract Act, 1872 discharges the surety "by any contract between the creditor and the principal debtor, by which the principal debtor is released", or by the creditor's act or omission having that effect. An arrangement to which the creditor is not a party cannot release the debtor in this way.
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