The liability of the surety under the contract of guarantee is
Section 128 makes the surety’s liability coextensive with the principal debtor’s unless the guarantee provides otherwise. It is not a rule that the creditor must first…
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The liability of the surety under the contract of guarantee is
Answer and explanation
Correct answer C
Section 128 makes the surety’s liability coextensive with the principal debtor’s unless the guarantee provides otherwise. It is not a rule that the creditor must first exhaust recovery against the debtor; the precise contractual limitations remain relevant. Coextensive is the statutory expression sought.
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