Law · Legal Studies
When there are Co-sureties who have guaranteed the same debt, they are primarily liable to contribute:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only if the Principal Debtor is untraceable.
- 2Only if the Creditor sues all of them simultaneously.
- 3In proportion to the maximum amount guaranteed by each Co-surety.
- 4Equally to the default, subject to the limit of their respective guarantees.✓
Correct answer
Equally to the default, subject to the limit of their respective guarantees.
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