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This question belongs to Law Negotiable Instruments Act
Negotiable Instruments Act
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Read Assertion (A) and Reason (R) and give the correct answer with the help of given below:
Assertion (A): The surety has no right to restrain execution against him until the creditor exhausted all his remedies against the Principal Debtor.
Reason (R): The Liability of the surety is co-extensive with that of the Principal Debtor, unless it is otherwise provided by contract.

Answer & Solution
Correct Answer: Option A
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