Business Studies, asked by isheka5914, 1 year ago

What happens when a creditor's forebearance to sue exceeds the limitation period?

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Answered by deepsen640
2

Similarly, mere forbearance on the part of the creditor to sue the principal debtor within the limitation period or to enforce any other remedy against him does not in the absence of any provision in the guarantee to the contrary discharge the surety (Sec. 137). B for a year after the debt has become payable.

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