Question

Under Section 128 of the Indian Contract Act 1872, the liability of a surety is -

A limited to the amount that can actually be recovered by the creditor from the principal debtor
B extinguished where the principal debtor has no assets available for execution of the debt
C enforceable only after the principal debtor has been adjudged insolvent by a competent court
D merely secondary, arising only after the creditor has exhausted his remedies against the principal debtor
E co-extensive with that of the principal debtor, unless the contract of guarantee provides otherwise
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