alleryStart learning →C advanced 2,000 rupees to B on A's guarantee and held B's furniture as mortgage. C cancels the mortgage. A's liability?
ARemains unaffected
BFreed to furniture value
CDoubled in amount
DShifted to debtor
Answer & Solution
Correct answer: B. Freed to furniture value
Surrendering the mortgage without the surety's consent discharges A up to the furniture's value.
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