Guarantor - Law Dictionary Search Results
Guarantor
Matched in: Term Guarantor
guarantor
Matched in: Term guarantor
Guarantor
Matched in: Term Guarantor
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Surety and guarantor
Matched in: Term Surety and guarantor
Guaranty, or Guarantee
resulted from the construction put upon the above s., viz., that the consideration for the promise of the guarantor must appear upon the written instru-ment. To remedy this, the Mercantile Law Amend-ment Act, 1856 (19 & 20
surety
answer for the debt or default of another NOTE: At common law a surety is distinguished from a guarantor by being immediately liable as opposed to becoming liable only upon default of the principal. Under the Uniform
warrant
warrant [Anglo-French warant garant protector, guarantor, authority, authorization, of Germanic origin] 1 : warranty [an implied of fitness] 2 : a commission or document
Benefit of discussion
deeds and pay his debts. This benefit is likewise competent in many cases to cautioners, Scots Law. A guarantor's right to require a creditor to seek payment from the principal debtor before seeking payment from the guarantor;
Fidejussor
A surety one bound for another conjointly with him a guarantor
Indemnity
subrogation to all the remedies available to the person indemnified under an indemnity available to a person indemnifying-a guarantor has the right of subrogation as well as a right of recourse against the person guaranteed unless otherwise
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