Question:

'A surety's liability can be discharged only by release of principal debtor'. Pick the appropriate option/s in relation to the given statement from the following:

Updated On: Aug 5, 2024
  • The above statement is partially true
  • The liability of surety can also be discharged by his death, revocation, variance, release of principal debtor, composition, extension of time and promise not to sue.
  • Both (a) and (b)
  • The statement is true.
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The Correct Option is C

Solution and Explanation

The correct option is (C): Both (a) and (b)
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