New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Where there are co-sureties, a release by the creditor

    of one of them does_____________
    A Discharge others Correct Answer Incorrect Answer
    B Not discharge the others Correct Answer Incorrect Answer
    C It does not free the surety so released from his responsibility to the other sureties Correct Answer Incorrect Answer
    D Both a & c Correct Answer Incorrect Answer
    E Both b & c Correct Answer Incorrect Answer

    Solution

    Section 138. Release of one co-surety does not discharge others: Where there are co-sureties, a release by the creditor of one of them does not discharge the others; neither does it free the surety so released from his responsibility to the other sureties.

    Practice Next