Discussion
The obligations of co-guarantees are provided under the Contract Act, 1872 in sections :
Answer: D
The obligations of co-sureties are in sections 146 and 147.
Section 146 provides that where two or more persons are co-sureties for the same debt, they are liable, in the absence of contrary agreement, to contribute equally. Section 147 provides that co-sureties bound in different sums must pay equally as far as the limits of their respective obligations permit.
Section 143 concerns invalid guarantees obtained by concealment, section 144 a guarantee given on the contract that another shall join as co-surety, and section 145 the implied promise to indemnify the surety.
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