A contract of surety ship can be defined as an agreement by means of which the surety
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"A contract of surety ship can be defined as an agreement by means of which the surety makes himself liable in the case of a debtor not promptly fulfilling his / her obligations in terms of a contract.” Briefly explain the following:
(i) the two kinds of debtor (2 × 1 = 2)
(ii) formalities for the conclusion of a contract of surety (3 × 2 = 6)
(iii) termination of the contract of surety (3 × 2 = 6)
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