Multiple choice

Which of the following sections incorporates the surety’s right of subrogation?

  1. 139

  2. 140

  3. 141

  4. 142

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Section 141 of the Contract Act, 1872 incorporates the surety's right of subrogation. It provides that when a surety pays the debt, they step into the creditor's shoes and can exercise all remedies available to the creditor against the principal debtor, including the right to sue.