CONTRACT OF GUARANTEE OR SURETYSHIP: WHETHER A CONTRACT OF GUARANTEE OR SURETYSHIP IS A DISTINCT AND SEPERATE CONTRACT FROM THE PRINCIPAL DEBTOR'S CONTRACT
HELD:
"It is settled law that where a person personally guarantees the liability of a third party by entering into a contract of guarantee or suretyship, a distinct and separate contract from the principal debtor's is thereby created between the guarantor and the creditor.
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Published in: Contract
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