X supplies rice and wheat worth Rs. 20,000.Y supplied a mobile phone worth Rs 30,000 and Z lent Rs. 50,000 for the purchase of necessaries to the wife and children of M, a minor . M had assets worth Rs. 100,000 . Can X, Y ,Z recover anything from M.

S gives guarantee for the loans given by C to P. P owes Rs. 100,000 to P. P becomes insolvent and a dividend of 20 rupee is declared. Discuss the righs of C and S if

S gives the guarantee for the payment of the loan of Rs. 60,000.
S gives guarantee for the payment of loan subject to a limit of Rs. 60,000.

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