The person for whose benefit the guarantee is given in a contract of guarantee isknown as:

(a) Creditor
(b) Surety
(c) Principle debtor
(d) Pledgor

Anurag Mishra Professor Asked on 25th May 2016 in General Knowledge.
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    Answer: (c) Principle debtor 

    Anurag Mishra Professor Answered on 4th July 2016.
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