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Under Section 146, in the absence of a contrary agreement, co-sureties for the same debt are liable to:
APay only in the order they signed
BHave the first surety pay everything
CEscape liability if one is insolvent
DContribute equally to the unpaid debt
Answer & Solution
Correct answer: D. Contribute equally to the unpaid debt
Section 146 makes co-sureties liable to contribute equally to the discharge of the whole of the debt that remains unpaid, unless they have agreed otherwise.
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