Examveda
Examveda

A becomes surety to C for B's conduct as a manager of C's bank. Afterwards B and C contract, without A's permission that B shall become liable for one-fourth of the losses on overdraft. B allows a customer to withdraw and the bank losses a sum of money. To make good this loss A is-

A. Wholly liable

B. Not liable

C. Liable to the extent of one-fourth

D. Liable to the extent of three-fourth

Answer: Option B


This Question Belongs to Law >> Indian Contract Act

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