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Discharge of a Surety Occurs

Question 11

Multiple Choice

Discharge of a surety occurs:


A) if the creditor extends the time of the debt with the consent of the surety.
B) if the creditor extends the time of the debt without the consent of the surety for a consideration.
C) in case of any reduction in the rate of interest.
D) in the case of return of collateral security to the debtor.

Correct Answer:

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