Question

I want to know about corporate bank guarantee

Answer 1

Answer:

A corporate guarantee is an agreement in which one party, called the guarantor, takes on the payments or responsibilities of a debt if the debtor defaults on the loan.

A corporate guarantee is an agreement in which one party, called the guarantor, takes on the payments or responsibilities of a debt if the debtor defaults on the loan.

or

Corporate Guarantee. Nature. A bank guarantee is an assurance provided by the bank to the lender that it will make the repayment when the borrower fails to make it. A corporate guarantee is a type of contract made between a company or corporate institution or individual and a borrower. Payment.

Answer 2

Answer:

yup

Explanation:

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