Examveda
Examveda

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

A. Void

B. Voidable

C. Irregular

D. Valid

Answer: Option D


This Question Belongs to Law >> Indian Contract Act

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