A guarantees C's loan to B due 1 March. C pays B on 1 January. A's position?
ADischarged, terms varied
BLiable as before
CLiable for interest
DLiable if B agrees
Answer & Solution
Correct answer: A. Discharged, terms varied
Paying early varied the contract since C could then sue B before 1 March, so A is discharged.
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