Section 140: Rights of surety on payment or performance

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1 question in 3 of our papers cite Section 140. Try these from the free papers:

1. 1. Under Section 140 of the Indian Contract Act, 1872, where the guaranteed debt has become due and the surety pays all that he is liable for, he is invested with:

   A.only a right to sue his co-sureties for an equal share of the amountB.a statutory first charge over all the property of the principal debtorC.all the rights which the creditor had against the principal debtorD.a right to recover the amount from the creditor if the debtor is solvent
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