Principle

CONTRACT LAW ā€” Guarantees ā€” Variation of Guarantee ā€” When Guarantor Discharged

Area of law
CONTRACT LAW
Court
Supreme Court

Not every communication with the principal debtor varies the guarantee. An invitation to treat is not a variation. The guarantor is not discharged by such communications. The principle applies to continuing guarantees. The guarantor's liability depends on the original terms. The rule protects the creditor'sā€¦

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