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M' lends Rs 1 00 000 to 'N' 'P' is the...

This question belongs to Law Indian Contract Act
Indian Contract Act
?

M' lends Rs. 1,00,000 to 'N'. 'P' is the surety. The contract provides that the liability of 'P' shall be limited to Rs. 50,000. The contract is

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Correct Answer: Option D
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