Question: But if the guarantee is given in return for an act or forbearance on part of the creditor, the contract will not be made until
But if the guarantee is given in return for an act or forbearance on part of the creditor, the contract will not be made until the act is done or forbearance is given and until then the guarantee remain revocable. In this scenario there are three parties ;the bank, the guarantor and the beneficiary
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