One of the following statements is wrong. Find out that Wrong statement.

A. In a contract of guarantee the liability of the surety is primary

B. In a contract of indemnity only there is one contract

C. In a contract of guarantee there is an existing debt

D. In a contract of indemnity the indemnifier can sure upon only the indemnity holder

E. In a contract of guarantee the surety after the discharge of dept proceed against the principal debtor

Answer: Option A