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Assertion (A) The liability of the surety is coextensive with that...

This question belongs to Law Indian Contract Act
Indian Contract Act
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Assertion (A): The liability of the surety is coextensive with that of the principal debtor unless it is otherwise provided by the contract.
Reason (R): Any variance, made without the surety's consent, in the terms of the contract between the principal debtor and the creditor, discharges the surety as to transactions subsequent to variance.

Answer & Solution
Correct Answer: Option B
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