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Under the Indian Contract Act, 1872, the liability of co-sureties in different sums is:

Under section 147, co-sureties bound in different sums share the debt equally "as far as the limits of their respective obligations permit". The share is not proportionate…

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Under the Indian Contract Act, 1872, the liability of co-sureties in different sums is:

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Correct answer C

Under section 147, co-sureties bound in different sums share the debt equally "as far as the limits of their respective obligations permit". The share is not proportionate to the sums guaranteed, and no surety can be made to pay beyond his own maximum.

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