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  • Right of a Surety is,Option: 1 <span style="font-

Right of a Surety is,

Option: 1

Rights against the Creditor


Option: 2

Rights against the Principal Debtor


Option: 3

Surety’s rights against the co-sureties


Option: 4

All the above


Answers (1)

best_answer

1.As per section 141, a surety is eligible to the benefit of every security which the creditor has against the principal debtor.

2.Once the surety discharges the debt, he obtains the rights of a creditor against the principal debtor. He can now sue the principal debtor for the amount of debt paid by him to the creditor due to the default of the principal debtor.

3.When a surety pays more than his share to the creditor, he has a right of contribution from the co-sureties, who are equally liable to pay.

Hence correct option is d.

Posted by

Ritika Kankaria

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