Rights and Obligations Contract can modify rights and obligations of creditor and guarantor to avoid some obligations
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Rights and Obligations
Contract can modify rights and obligations of creditor and guarantor to avoid some obligations Exemption clauses Continuing guarantee Allow creditor to discharge security without affecting guarantee Allow creditor to change terms of repayment, interest rate, amount of funds advanced without affecting guarantee
Please provide a real-life example of 1. Exemption clauses in guarantee 2. Continuing guarantee 3. Allow creditor to discharge security without affecting guarantee 4. Allow creditor to change terms of repayment, interest rate, amount of funds advanced without affecting guarantee
Related Book For
Dynamic Business Law
ISBN: 9781260733976
6th Edition
Authors: Nancy Kubasek, M. Neil Browne, Daniel Herron, Lucien Dhooge, Linda Barkacs
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