Match each party to a guarantee
Exercise and reference answers
- Matching pairs
- Left
- Surety
- Right
- The person who gives the guarantee
- Left
- Principal debtor
- Right
- The person whose default is guaranteed
- Left
- Creditor
- Right
- The person the guarantee is given to
- Instructions
- Tap a party on the left, then tap the role it plays.
Explanation
_Source: The Indian Contract Act 1872 bare act, 126. "Contract of guarantee", "surety", "principal debtor" and "creditor" -_