In commercial practice what form of suretyship contract is most frequently used, that of a surety or of a guarantor?
It may, perhaps, sound paradoxical to mention the contract of suretyship.
He was especially afraid of a suretyship suit instituted by Widow Smith.
This clause of the statute is discussed more at length in the chapter on suretyship.
Like ordinary contracts, a contract of suretyship must be supported by sufficient consideration.
suretyship obligations are obligations to answer for the debts or default of another.
And when I was wived, having something to stick to, I had the horn of suretyship ever before my eyes.
At the present time, corporations are organized for the purpose of entering into suretyship obligations for profit.
But even then there was for her no suretyship of motherhood, or training, or control.
If a suretyship contract is part of the transaction which it secures must it be supported by a separate consideration?