5 July 2019

THE ENFORCEABILITY OF A SINGLE SURETYSHIP UNDER MULTIPLE AGREEMENTS

In a recent appeal before the Supreme Court, the court was called to rule on the enforceability of a suretyship agreement. A and B concluded a sale agreement. Thereafter they concluded a dealer agreement. When the second agreement was concluded C guaranteed A’s obligations to B as a surety. The surety agreement was an annexure

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