n which of the following circumstance a surety stands discharged ........

Indian Contract Act (ICA)1872 indemnity and guarantee

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n which of the following circumstance a surety stands discharged?

By release or discharge of the principal debtor

By variance in the terms of contract

(a) and (b) both

None of these

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Explanation:

The following are the modes or circumstances under which a surety is discharged from his liability,- 1. By revocation: a)Notice by surety b) Death of surety c) Nova don. 2. By conduct of the creditor a) Variance (change) in terms of the contract b) Release or discharge of the principal debtor. c) Certain arrangements made by the creditors with the principal debtors without the consent of surety, d) Creditors act or omission impairing surety's eventual (ultimate) remedy. e) Loss of security.