Examveda
Examveda

A, B and C as sureties for D, enter into three several bonds, each in a different penalty, namely, A is the penalty of Rs. 10,000, B is that of Rs. 20,000 and C in that of Rs. 40,000 conditioned for D's duly accounting to E. D makes default to the extent of Rs. 30,000. The liabilities of A, B and C are

A. Only A is liable to pay

B. Only B is liable to pay

C. Only C is liable to pay

D. A, B and C are each liable to pay

Answer: Option D


This Question Belongs to Law >> Indian Contract Act

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